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A BILL TO BE ENTITLED
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AN ACT
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relating to increasing the maximum amount of a homestead exemption |
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granted to disabled veterans |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Title 1, Subtitle C, Chapter 11, Subchapter A, |
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Sec. 11.22, Tax Code, is amended to read as follows: |
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Sec. 11.22. DISABLED VETERANS. |
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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) in |
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accordance with the following schedule: |
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an exemption of for a disability rating of |
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at least: |
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but less than: |
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12,000 17,000 |
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70 and over |
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(b) A disabled veteran is entitled to an exemption from |
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taxation of $12,000$17,000 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 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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SECTION 2. This Act takes effect September 1, 2023. |