Texas Senate Bill SB1956

Texas 2023 - 88th Regular

• Filed: 3/8/23

Caption

Relating to an exemption from ad valorem taxation of the residence homestead of a Congressional Medal of Honor recipient or the surviving spouse of a Congressional Medal of Honor recipient.

Impact

If enacted, SB1956 would amend the Texas Tax Code to include a new section that grants tax exemptions specifically for these distinguished individuals. It highlights the state's recognition of the sacrifices made by Medal of Honor recipients, thereby potentially improving their quality of life. Notably, the bill includes provisions that allow for immediate tax exemptions for those who qualify after January 1 of a tax year, ensuring that these benefits are accessible without delay. This change would specifically affect the financial responsibilities of these recipients and their families in terms of property taxes.

Summary

SB1956 aims to provide an exemption from ad valorem taxation for the residence homestead of Congressional Medal of Honor recipients and their surviving spouses. This legislation seeks to honor the exemplary service of these individuals by alleviating their financial obligations related to property taxes. The bill explicitly articulates that a Congressional Medal of Honor recipient is entitled to an exemption covering the total appraised value of their residence homestead, while surviving spouses can also receive a similar exemption provided they have not remarried post the recipient's death.

Sentiment

Overall sentiment surrounding SB1956 appears to be supportive, as it addresses a significant matter of public gratitude and acknowledgment. While the proposed exemption reflects a broader intent to honor military service, discussions around the bill in legislative forums are expected to show bipartisan support from those advocating for veterans' rights. However, there might be underlying concerns regarding the potential impact on local government funding, as property taxes are a crucial source of revenue for municipalities.

Contention

The primary point of contention that may arise during discussions of SB1956 relates to its financial implications for local governments. Opponents may argue that while honoring Medal of Honor recipients is commendable, such tax exemptions could shift the financial burden to other taxpayers or limit local funds for essential services. Furthermore, there could be debates regarding the definition of 'surviving spouse' and eligibility criteria, ensuring that only those who meet specific standards benefit from this exemption. However, proponents of the bill are likely to emphasize the moral obligation to support those who have served the country selflessly.

Texas Constitutional Statutes Affected

Tax Code

• Chapter 11. Taxable Property And Exemptions
  • Section: New Section
  • Section: 42
  • Section: 43

• Chapter 26. Assessment
  • Section: 10
  • Section: 1125

Government Code

• Chapter 403. Comptroller Of Public Accounts
  • Section: 302