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A BILL TO BE ENTITLED
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AN ACT
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relating to the determination of the amount of the exemption from ad |
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valorem taxation to which a disabled veteran is entitled and to the |
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entitlement of a disabled veteran or surviving spouse to pay ad |
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valorem taxes on the person's residence homestead in installments. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 11.22(a), Tax Code, is amended to read as |
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follows: |
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(a) A disabled veteran is entitled to an exemption from |
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taxation of a portion of the assessed value of a property the |
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veteran owns and designates as provided by Subsection (f) [of this
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section] in accordance with the following schedule: |
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| an exemption of |
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for a disability |
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but less [not greater] than: |
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SECTION 2. Section 31.031, Tax Code, is amended by amending |
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Subsection (a) and adding Subsection (a-1) to read as follows: |
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(a) This section applies only to: |
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(1) [If before the delinquency date] an individual who |
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is: |
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(A) disabled or at least 65 years of age; and |
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(B) [is] qualified for an exemption under Section |
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11.13(c); or |
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(2) an individual who is: |
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(A) a disabled veteran or the unmarried surviving |
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spouse of a disabled veteran; and |
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(B) qualified for an exemption under Section |
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11.22. |
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(a-1) If before the delinquency date an individual to whom |
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this section applies pays at least one-fourth of a taxing unit's |
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taxes imposed on property that the person owns and occupies as a |
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residence homestead, accompanied by notice to the taxing unit that |
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the person will pay the remaining taxes in installments, the person |
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may pay the remaining taxes without penalty or interest in three |
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equal installments. The first installment must be paid before |
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April 1, the second installment before June 1, and the third |
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installment before August 1. |
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SECTION 3. The changes in law made by this Act apply only to |
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an ad valorem tax year that begins on or after the effective date of |
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this Act. |
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SECTION 4. (a) Section 1 of this Act takes effect January |
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1, 2008, but only if the constitutional amendment proposed by the |
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80th Legislature, Regular Session, 2007, to authorize a change in |
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the manner of determining the amount of the exemption from ad |
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valorem taxation to which a disabled veteran is entitled is |
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approved by the voters. If that amendment is not approved by the |
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voters, Section 1 of this Act has no effect. |
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(b) Section 2 of this Act takes effect January 1, 2008. |