Relating to an exemption from ad valorem taxation by certain taxing units of a portion of the appraised value of the residence homestead of the parent or guardian of a person who is disabled and who resides with the parent or guardian.
Impact
If passed, House Bill 582 would affect the property tax obligations of families with disabled individuals, allowing them to claim an exemption that could lessen their overall tax burden. This legislative change seeks to encourage a more supportive environment for caregivers and families, enabling them to provide necessary care and resources without the added stress of heightened property taxes. The bill's provisions also require a majority vote from qualified voters in the taxing unit for the exemption to be approved.
Summary
House Bill 582 aims to provide a specific exemption from ad valorem taxation for the residence homestead of parents or guardians of disabled individuals residing with them. This bill amends existing tax code sections to allow for a portion of the appraised value of such residences to be exempt from school district taxation. Proponents of the bill view it as a means to alleviate financial burdens on families caring for disabled individuals, fostering increased financial stability and support for these households.
Sentiment
The overall sentiment around HB582 appears to be positive, particularly among those advocating for individuals with disabilities and their families. Supporters argue that the bill is a progressive step towards inclusivity and support for vulnerable populations. However, there may be concerns about the implications for local government revenue and how the exemption will be funded. The contrasting views highlight the tension between fiscal responsibilities and the need for social support mechanisms.
Contention
While HB582 primarily presents a beneficial reform for families of disabled individuals, contention may arise regarding funding mechanisms for the revenue lost due to the proposed tax exemptions. Legislators may debate the sustainability of such tax exemptions in the broader context of state and local funding for essential services. Furthermore, the requirement for voter approval adds an element of political contention, as there could be differing opinions on the priority of tax exemptions versus public funding needs.
Texas Constitutional Statutes Affected
Tax Code
Chapter 11. Taxable Property And Exemptions
Section: New Section
Chapter 25. Local Appraisal
Section: New Section
Chapter 26. Assessment
Section: 062
Section: 075
Section: New Section
Water Code
Chapter 49. Provisions Applicable To All Districts
Enabling for
Proposing a constitutional amendment to provide for an exemption from ad valorem taxation by certain political subdivisions of a portion of the market value of the residence homestead of the parent or guardian of a person who is disabled and who resides with the parent or guardian.
TX HJR43
Enabling for
Proposing a constitutional amendment to provide for an exemption from ad valorem taxation by certain political subdivisions of a portion of the market value of the residence homestead of the parent or guardian of a person who is disabled and who resides with the parent or guardian.
Relating to an exemption from ad valorem taxation by certain taxing units of a portion of the appraised value of the residence homestead of the parent or guardian of a person who is disabled and who resides with the parent or guardian.
Relating to an exemption from ad valorem taxation by certain taxing units of a portion of the appraised value of the residence homestead of the parent or guardian of a person who is disabled and who resides with the parent or guardian.
Relating to an exemption from ad valorem taxation by certain taxing units of a portion of the appraised value of the residence homestead of the parent or guardian of a minor who is disabled and who resides with the parent or guardian.
Proposing a constitutional amendment to provide for an exemption from ad valorem taxation by certain political subdivisions of a portion of the market value of the residence homestead of the parent or guardian of a person who is disabled and who resides with the parent or guardian.
Proposing a constitutional amendment to provide for an exemption from ad valorem taxation by certain political subdivisions of a portion of the market value of the residence homestead of the parent or guardian of a person who is disabled and who resides with the parent or guardian.
Proposing a constitutional amendment to provide for an exemption from ad valorem taxation by certain political subdivisions of a portion of the market value of the residence homestead of the parent or guardian of a person who is disabled and who resides with the parent or guardian.
Proposing a constitutional amendment to provide for an exemption from ad valorem taxation by certain political subdivisions of a portion of the market value of the residence homestead of the parent or guardian of a minor who is disabled and who resides with the parent or guardian.
Relating to a local option exemption from ad valorem taxation by a school district of the total appraised value of the residence homesteads of certain elderly or disabled persons.
Relating to a local option exemption from ad valorem taxation by a school district of the total appraised value of the residence homesteads of certain elderly or disabled persons.
Relating to an exemption from ad valorem taxation of a portion of the appraised value of the residence homesteads of certain elderly persons and their surviving spouses.
Relating to an exemption from ad valorem taxation by certain taxing units of a portion of the appraised value of the residence homestead of the parent or guardian of a person who is disabled and who resides with the parent or guardian.
Relating to an exemption from ad valorem taxation by certain taxing units of a portion of the appraised value of the residence homestead of the parent or guardian of a person who is disabled and who resides with the parent or guardian.
Relating to an exemption from ad valorem taxation by certain taxing units of a portion of the appraised value of the residence homestead of the parent or guardian of a minor who is disabled and who resides with the parent or guardian.
Establishes New Jersey Property Tax Relief and Education Empowerment Program to provide both property tax relief to citizens and educational grants to certain students enrolled in nonpublic schools.
Establishes New Jersey Property Tax Relief and Education Empowerment Program to provide both property tax relief to citizens and educational grants to certain students enrolled in nonpublic schools.
Establishes New Jersey Property Tax Relief and Education Empowerment Program to provide both property tax relief to citizens and educational grants to certain students enrolled in nonpublic schools.
Proposing a constitutional amendment to provide for an exemption from ad valorem taxation by certain political subdivisions of a portion of the market value of the residence homestead of the parent or guardian of a person who is disabled and who resides with the parent or guardian.
Proposing a constitutional amendment to provide for an exemption from ad valorem taxation by certain political subdivisions of a portion of the market value of the residence homestead of the parent or guardian of a minor who is disabled and who resides with the parent or guardian.