BILL ANALYSIS
H.J.R. 68
By: Haggerty (Rosson)
Finance
05-19-95
Senate Committee Report (Unamended)
BACKGROUND
Current law allows the legislature to grant ad valorem tax
exemptions on property owned by disabled veterans and their
surviving spouses and children. Since this law was added to the
Texas statutes in 1972, it has never been amended.
PURPOSE
As proposed, H.J.R. 68 requires the submission to the voters of a
proposed constitutional amendment raising the limits of the
exemption from ad valorem taxation of property owned by disabled
veterans or by the surviving spouses and surviving minor children
of disabled veterans.
RULEMAKING AUTHORITY
It is the committee's opinion that this bill does not grant any
additional rulemaking authority to a state officer, institution, or
agency.
SECTION BY SECTION ANALYSIS
SECTION 1. Amends Section 2, Article VIII, Texas Constitution, by
amending Subsection (b) and adding Subsection (d), as follows:
(b) Authorizes a veteran having a disability rating of not
less than 10 percent nor more than 30 percent to be granted an
exemption from taxation for property valued up to $5,000,
rather $1,500. Authorizes a veteran having a disability
rating of more than 30 percent but not more than 50 percent to
be granted an exemption from taxation for property valued at
up to $7,500, rather than $2,000. Authorizes a veteran having
a disability rating of more than 50 percent but not more than
70 percent to be granted an exemption from taxation for
property valued at up to $10,000, rather than $2,500.
Authorizes a veteran whose disability consists of the loss or
loss of use of one or more limbs, total blindness in one or
both eyes, or paraplegia, to be granted an exemption from
taxation for property valued at up to $15,000, rather than
$3,000. Authorizes the spouse and children of any member of
the United States Armed Forces who dies while on active duty
to be granted an exemption from taxation for property valued
up to $5,000, rather than $2,500. Makes conforming changes.
(d) Provides that the amounts of the exemptions from ad
valorem taxation to which a person is entitled under Section
11.22, Tax Code, for a tax year that begins on or after the
date this subsection takes effect are the minimum amounts
permitted under Subsection (b) of this section instead of the
amounts specified by Section 11.22, Tax Code. Authorizes this
subsection to be repealed by the legislature by law, unless
otherwise provided by general law enacted after January 1,
1995.
SECTION 2. Requires this proposed constitutional amendment to be
submitted to the voters at an election to be held November 7, 1995.
Sets forth the required language of the ballot.