Relating to the definition of "residence homestead" for purposes of the exemption from ad valorem taxation of the residence homestead of a totally disabled veteran or the surviving spouse of such a veteran.
Impact
If enacted, the legislation would revise current statutes regarding property tax exemptions for disabled veterans or their spouses. This adjustment would not only potentially lessen the tax burden on these individuals but also contribute to the broader context of state policy aimed at supporting veterans. By ensuring that personal property and all improvements at the homestead property qualify for exemption, the bill recognizes the holistic living situation that veterans and their families often require.
Summary
House Bill 112 proposes to amend the definition of 'residence homestead' specifically for the exemption from ad valorem taxation for totally disabled veterans and their surviving spouses in Texas. The bill seeks to broaden the existing criteria under which these individuals can claim tax exemptions by allowing certain personal property and structures owned by the veteran or their spouse to be included in the homestead definition. This change aims to provide greater financial relief and recognition to veterans who are deemed totally disabled, thus ensuring their living conditions are more sustainable and secure.
Contention
Debate around the bill may arise over the implications of broadening the definition of residence homestead. Proponents argue that the current restrictions are too narrow and do not adequately meet the needs of disabled veterans, particularly as they may depend on additional property or modifications to their homes to accommodate disabilities. Opponents, however, may raise concerns about the potential impact on local tax revenues and the equity of applying such exemptions, given that only a select group would benefit, which may lead to disparities in tax contributions among various demographic groups.
Relating to the definition of "residence homestead" for purposes of the exemption from ad valorem taxation of the residence homestead of a totally disabled veteran or the surviving spouse of such a veteran.
Relating to the exemption from ad valorem taxation of the total appraised value of the residence homestead of the surviving spouse of a 100 percent or totally disabled veteran.
Relating to the exemption from ad valorem taxation of part of the appraised value of the residence homestead of a partially disabled veteran or the surviving spouse of such a veteran based on the disability rating of the veteran.
Relating to the exemption from ad valorem taxation of part of the appraised value of the residence homestead of a partially disabled veteran or the surviving spouse of such a veteran based on the disability rating of the veteran.
Relating to an exemption from ad valorem taxation of the total appraised value of the residence homesteads of certain disabled first responders and their surviving spouses.
Relating to a limitation on increases in the appraised value for ad valorem tax purposes of the residence homesteads of military veterans, individuals who are disabled or 65 years of age or older, and their surviving spouses.
Relating to an exemption from ad valorem taxation of the residence homestead of the surviving spouse of a veteran who died as a result of a qualifying condition or disease.
Proposing a constitutional amendment authorizing the legislature to provide for an exemption from ad valorem taxation of all or part of the market value of the residence homestead of the surviving spouse of a 100 percent or totally disabled veteran regardless of whether the property was the residence homestead of the surviving spouse when the disabled veteran died.