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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. |
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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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for a disability rating of |
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an exemption of |
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| up to: |
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at least: |
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but less [not greater] than: |
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SECTION 2. Section 11.22(a), Tax Code, as amended by this |
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Act, applies only to ad valorem taxation for a tax year that begins |
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on or after the effective date of this Act. |
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SECTION 3. This Act takes effect January 1, 2008, but only |
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if the constitutional amendment proposed by the 80th Legislature, |
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Regular Session, 2007, to authorize a change in the manner of |
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determining the amount of the exemption from ad valorem taxation to |
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which a disabled veteran is entitled is approved by the voters. If |
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that amendment is not approved by the voters, this Act has no |
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effect. |