83R3942 TJB-F
 
  By: Taylor S.B. No. 486
 
 
 
A BILL TO BE ENTITLED
 
AN ACT
  relating to the calculation of ad valorem taxes on the residence
  homestead of a 100 percent or totally disabled veteran or the
  surviving spouse of the veteran for the tax year in which the
  veteran or spouse qualifies or ceases to qualify for an exemption
  from taxation of the homestead.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Section 11.42(c), Tax Code, is amended to read as
  follows:
         (c)  An exemption authorized by Section 11.13(c) or (d) or
  11.131 is effective as of January 1 of the tax year in which the
  person qualifies for the exemption and applies to the entire tax
  year.
         SECTION 2.  Section 26.10(b), Tax Code, is amended to read as
  follows:
         (b)  If the appraisal roll shows that a residence homestead
  exemption authorized by Section 11.13(c) or (d) or 11.131 [for an
  individual 65 years of age or older or a residence homestead
  exemption for a disabled individual] applicable to a property on
  January 1 of a year terminated during the year and if the owner of
  the property qualifies a different property for one of those
  residence homestead exemptions during the same year, the tax due
  against the former residence homestead is calculated by:
               (1)  subtracting:
                     (A)  the amount of the taxes that otherwise would
  be imposed on the former residence homestead for the entire year had
  the owner [individual] qualified for the residence homestead
  exemption for the entire year; from
                     (B)  the amount of the taxes that otherwise would
  be imposed on the former residence homestead for the entire year had
  the owner [individual] not qualified for the residence homestead
  exemption during the year;
               (2)  multiplying the remainder determined under
  Subdivision (1) by a fraction, the denominator of which is 365 and
  the numerator of which is the number of days that elapsed after the
  date the exemption terminated; and
               (3)  adding the product determined under Subdivision
  (2) and the amount described by Subdivision (1)(A).
         SECTION 3.  Section 26.112, Tax Code, is amended to read as
  follows:
         Sec. 26.112.  CALCULATION OF TAXES ON RESIDENCE HOMESTEAD OF
  CERTAIN PERSONS [ELDERLY OR DISABLED PERSON]. (a)  Except as
  provided by Section 26.10(b), if at any time during a tax year
  property is owned by an individual who qualifies for an exemption
  under Section 11.13(c) or (d) or 11.131, the amount of the tax due
  on the property for the tax year is calculated as if the individual 
  [person] qualified for the exemption on January 1 and continued to
  qualify for the exemption for the remainder of the tax year.
         (b)  If an individual [a person] qualifies for an exemption
  under Section 11.13(c) or (d) or 11.131 with respect to the property
  after the amount of the tax due on the property is calculated and
  the effect of the qualification is to reduce the amount of the tax
  due on the property, the assessor for each taxing unit shall
  recalculate the amount of the tax due on the property and correct
  the tax roll. If the tax bill has been mailed and the tax on the
  property has not been paid, the assessor shall mail a corrected tax
  bill to the person in whose name the property is listed on the tax
  roll or to the person's authorized agent. If the tax on the
  property has been paid, the tax collector for the taxing unit shall
  refund to the person who paid the tax the amount by which the
  payment exceeded the tax due.
         SECTION 4.  Sections 11.42(e), 26.10(c), and 26.1125, Tax
  Code, are repealed.
         SECTION 5.  This Act applies only to an ad valorem tax year
  that begins on or after the effective date of this Act.
         SECTION 6.  This Act takes effect January 1, 2014.