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A BILL TO BE ENTITLED
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AN ACT
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relating to the amount of the exemption from ad valorem taxation to |
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which certain disabled veterans and the surviving spouses and |
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children of certain veterans are entitled. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Sections 11.22(a), (b), and (d), Tax Code, are |
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amended to read as follows: |
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(a) A disabled veteran is entitled to an exemption from |
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taxation of the following applicable [a] portion of the assessed |
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value of a property the veteran owns and designates as provided by |
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Subsection (f) [in accordance with the following schedule]: |
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(1) $20,000 for a veteran having a disability rating |
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of at least 10 percent but less than 30 percent; |
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(2) $30,000 for a veteran having a disability rating |
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of at least 30 percent but less than 50 percent; |
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(3) $40,000 for a veteran having a disability rating |
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of at least 50 percent but less than 70 percent; or |
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(4) $48,000 for a veteran having a disability rating |
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of at least 70 percent. |
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[an exemption of |
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for a disability rating of |
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up to: |
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at least: |
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but less than: |
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(b) A disabled veteran is entitled to an exemption from |
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taxation of $48,000 [$12,000] of the assessed value of a property |
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the veteran owns and designates as provided by Subsection (f) [of |
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this section] if the veteran: |
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(1) is 65 years of age or older and has a disability |
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rating of at least 10 percent; |
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(2) is totally blind in one or both eyes; or |
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(3) has lost the use of one or more limbs. |
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(d) If an individual dies while on active duty as a member of |
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the armed services of the United States: |
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(1) the individual's surviving spouse is entitled to |
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an exemption from taxation of $20,000 [$5,000] of the assessed |
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value of the property the spouse owns and designates as provided by |
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Subsection (f) [of this section]; and |
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(2) each of the individual's surviving children who is |
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younger than 18 years of age and unmarried is entitled to an |
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exemption from taxation of a portion of the assessed value of a |
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property the child owns and designates as provided by Subsection |
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(f) [of this section], the amount of exemption for each eligible |
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child to be computed by dividing $20,000 [$5,000] by the number of |
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eligible children. |
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SECTION 2. This Act applies only to ad valorem taxes imposed |
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for a tax year beginning on or after the effective date of this Act. |
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SECTION 3. This Act takes effect January 1, 2022, but only |
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if the constitutional amendment proposed by the 87th Legislature, |
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Regular Session, 2021, authorizing the legislature to increase the |
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amount of the exemption from ad valorem taxation of property owned |
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by certain disabled veterans and the surviving spouses and children |
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of certain veterans is approved by the voters. If that |
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constitutional amendment is not approved by the voters, this Act |
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has no effect. |