78R335 SMH-D


By:  Gutierrez, Pena, Bohac                                       H.B. No. 700



A BILL TO BE ENTITLED

AN ACT

relating to the amount of the appraised value of the residence 
homestead of a disabled or elderly person that is exempt from ad 
valorem taxation by a school district.
	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:                        
	SECTION 1.   Section 11.13(c), Tax Code, is amended to read 
as follows:      
	(c)  In addition to the exemption provided by Subsection (b) 
[of this section], an adult who is disabled or is 65 or older is 
entitled to an exemption from taxation by a school district of 
$20,000 [$10,000] of the appraised value of the person's [his] 
residence homestead.
	SECTION 2.   This Act takes effect January 1, 2004, but only 
if the constitutional amendment proposed by the 78th Legislature, 
Regular Session, 2003, to increase the amount of the market value of 
the residence homestead of a disabled or elderly person that may be 
exempt from ad valorem taxation by a school district is approved by 
the voters. If that proposed constitutional amendment is not 
approved by the voters, this Act has no effect.