Texas 2025 - 89th Regular

Texas House Bill HB4321 Compare Versions

Only one version of the bill is available at this time.

Old	New	Differences
1	1	89R16119 RDS-F
2	2	By: Cook H.B. No. 4321
3	3
4	4
5	5
6	6
7	7	A BILL TO BE ENTITLED
8	8	AN ACT
9	9	relating to the exemption from ad valorem taxation of a percentage
10	10	of the assessed value of a property owned by certain disabled
11	11	veterans and the amount of the exemption for the surviving spouses
12	12	and children of certain disabled veterans.
13	13	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
14	14	SECTION 1. Sections 11.22(a), (b), and (c), Tax Code, are
15	15	amended to read as follows:
16	16	(a) A disabled veteran is entitled to an exemption from
17	17	taxation of the following applicable percentage [a portion] of the
18	18	assessed value of a property the veteran owns and designates as
19	19	provided by Subsection (f) [in accordance with the following
20	20	schedule]:
21	21	(1) 20 percent for a veteran having a disability
22	22	rating of at least 10 percent but less than 30 percent;
23	23	(2) 40 percent for a veteran having a disability
24	24	rating of at least 30 percent but less than 50 percent;
25	25	(3) 60 percent for a veteran having a disability
26	26	rating of at least 50 percent but less than 70 percent;
27	27	(4) 80 percent for a veteran having a disability
28	28	rating of at least 70 percent but less than 100 percent; or
29	29	(5) 100 percent for a veteran having a disability
30	30	rating of 100 percent.
31	31	[an exemption of for a disability rating of [an exemption of for a disability rating of
32	32	[an exemption of for a disability rating of
33	33	up to: at least: but less than: up to: at least: but less than:
34	34	up to: at least: but less than:
35	35	$5,000 of the 10% 30% $5,000 of the 10% 30%
36	36	$5,000 of the 10% 30%
37	37	assessed value assessed value
38	38	assessed value
39	39	7,500 30 50 7,500 30 50
40	40	7,500 30 50
41	41	10,000 50 70 10,000 50 70
42	42	10,000 50 70
43	43	12,000 70 and over] 12,000 70 and over]
44	44	12,000 70 and over]
45	45	(b) A disabled veteran who does not have a disability rating
46	46	of 100 percent is entitled to an exemption from taxation of 80
47	47	percent [$12,000] of the assessed value of a property the veteran
48	48	owns and designates as provided by Subsection (f) [of this section]
49	49	if the veteran:
50	50	(1) is 65 years of age or older and has a disability
51	51	rating of at least 10 percent;
52	52	(2) is totally blind in one or both eyes; or
53	53	(3) has lost the use of one or more limbs.
54	54	(c) If a disabled veteran who is entitled to an exemption by
55	55	Subsection (a) or (b) [of this section] dies, the veteran's
56	56	surviving spouse is entitled to an exemption from taxation of a
57	57	portion of the assessed value of a property the spouse owns and
58	58	designates as provided by Subsection (f) [of this section]. The
59	59	amount of the exemption is the dollar amount of the veteran's
60	60	exemption at time of death. The spouse is entitled to an exemption
61	61	by this subsection only for as long as the spouse remains unmarried.
62	62	If the spouse does not survive the veteran, each of the veteran's
63	63	surviving children who is younger than 18 years of age and unmarried
64	64	is entitled to an exemption from taxation of a portion of the
65	65	assessed value of a property the child owns and designates as
66	66	provided by Subsection (f) [of this section]. The amount of
67	67	exemption for each eligible child is computed by dividing the
68	68	dollar amount of the veteran's exemption at time of death by the
69	69	number of eligible children.
70	70	SECTION 2. Section 11.42(d), Tax Code, is amended to read as
71	71	follows:
72	72	(d) A person who acquires property after January 1 of a tax
73	73	year may receive an exemption authorized by Section 11.17, 11.18,
74	74	11.19, 11.20, 11.21, 11.22, 11.23, 11.231, 11.30, or 11.36 for the
75	75	applicable portion of that tax year immediately on qualification
76	76	for the exemption.
77	77	SECTION 3. This Act applies only to ad valorem taxes imposed
78	78	for a tax year that begins on or after the effective date of this
79	79	Act.
80	80	SECTION 4. This Act takes effect January 1, 2026, but only
81	81	if the constitutional amendment proposed by the 89th Legislature,
82	82	Regular Session, 2025, authorizing the legislature to exempt from
83	83	ad valorem taxation a percentage of the assessed value of property
84	84	owned by certain disabled veterans is approved by the voters. If
85	85	that constitutional amendment is not approved by the voters, this
86	86	Act has no effect.
87	87
88	88
89	89
90	90	[an exemption of for a disability rating of
91	91
92	92
93	93
94	94	up to: at least: but less than:
95	95
96	96
97	97
98	98	$5,000 of the 10% 30%
99	99
100	100
101	101
102	102	assessed value
103	103
104	104
105	105
106	106	7,500 30 50
107	107
108	108
109	109
110	110	10,000 50 70
111	111
112	112
113	113
114	114	12,000 70 and over]