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House Bill 97 |
House Author: Perry et al. |
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Effective: See below |
Senate Sponsor: Van de Putte et al. |
House Bill 97 amends the Tax Code to entitle a partially disabled veteran and, under certain conditions, the surviving spouse of such a veteran, to a property tax exemption of a percentage of the appraised value of the disabled veteran's residence homestead equal to the disabled veteran's disability rating if the residence homestead was donated to the disabled veteran by a charitable organization at no cost to the disabled veteran. The bill entitles the surviving spouse, if the spouse subsequently qualifies a different property as the spouse's residence homestead, to a property tax exemption for the subsequently qualified homestead in an amount equal to the dollar amount of the exemption of the former homestead in the last year in which the surviving spouse received an exemption for that residence homestead if the surviving spouse has not remarried since the death of the disabled veteran. The bill entitles the surviving spouse to receive from the chief appraiser of the appraisal district in which the former residence homestead was located a written certificate providing the information necessary to determine the amount of the exemption to which the surviving spouse is entitled. The bill makes such an exemption effective as of January 1 of the tax year in which the person qualified for the exemption and applicable to the entire tax year, but requires a person to apply for the exemption not later than one year from the date the person qualified for the exemption, with a grace period allowed for a late application filed within one year of the delinquency date for the taxes due on the homestead.
House Bill 97 takes effect January 1, 2014, contingent on voter approval of the constitutional amendment proposed by House Joint Resolution 24.