Proposing a constitutional amendment authorizing the legislature to provide for an exemption from ad valorem taxation of part of the market 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.
Impact
If adopted, this constitutional amendment will have a significant impact on state taxation laws relating to veterans. It enables the legislature to enact laws determining the degree of the exemption based on the percentage of disability, potentially leading to lower property tax bills for eligible veterans and their families. Additionally, it will ensure that surviving spouses of veterans can inherit certain tax exemptions as long as they fulfill specified conditions, such as not having remarried and continuing to reside in the same homestead.
Summary
HJR119 proposes a constitutional amendment that allows the Texas legislature to provide an exemption from ad valorem taxation for part of the market value of the residence homestead belonging to partially disabled veterans or their surviving spouses, depending on the veteran's disability rating. The amendment specifically seeks to adjust existing provisions by including allowances for partially disabled veterans, which are defined as those with a disability rating of at least 10 percent but less than 100 percent. The aim is to alleviate financial burdens on this group of veterans, enhancing their ability to maintain their homesteads.
Contention
While proponents argue that HJR119 serves to support those who have served the country, critics may raise concerns about its implications for state tax revenue. Adjustments to property tax laws often lead to debates around funding for essential services that rely on stable tax income. Additionally, discussions may arise regarding the fairness of these tax exemptions relative to those available to other groups within the community, potentially leading to calls for broader reforms in property taxation.
Enabled by
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.
Identical
Proposing a constitutional amendment authorizing the legislature to provide for an exemption from ad valorem taxation of part of the market 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.
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.
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.
Proposing a constitutional amendment to exempt from ad valorem taxation the total market value of the residence homesteads of certain elderly persons and their surviving spouses.
Proposing a constitutional amendment to exempt from ad valorem taxation the total market value of the residence homesteads of certain elderly persons and their surviving spouses.
Proposing a constitutional amendment to exempt from ad valorem taxation the total market value of the residence homesteads of certain elderly persons and their surviving spouses.
Proposing a constitutional amendment to exempt from ad valorem taxation the total market value of the residence homesteads of certain elderly persons and their surviving spouses.
Proposing a constitutional amendment to exempt from ad valorem taxation the total market value of the residence homesteads of certain elderly persons and their surviving spouses.
Proposing a constitutional amendment to exempt from ad valorem taxation a portion of the market value of the residence homesteads of certain elderly persons and their surviving spouses.
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 a Congressional Medal of Honor recipient or the surviving spouse of a Congressional Medal of Honor recipient.
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 military service member who is killed or fatally injured in the line of duty.