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A BILL TO BE ENTITLED
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AN ACT
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relating to the treatment for ad valorem tax purposes of the |
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residence homestead of a totally disabled veteran. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Sections 11.42(c) and (e), Tax Code, are amended |
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to read as follows: |
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(c) An exemption authorized by Section 11.13(c) or (d), |
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11.131, 11.132, 11.133, or 11.134 is effective as of January 1 of |
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the tax year in which the person qualifies for the exemption and |
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applies to the entire tax year. |
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(e) A person who qualifies for an exemption under Section |
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[11.131 or] 11.35 after January 1 of a tax year may receive the |
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exemption for the applicable portion of that tax year immediately |
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on qualification for the exemption. |
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SECTION 2. Section 26.10(b), Tax Code, is amended to read as |
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follows: |
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(b) If the appraisal roll shows that a residence homestead |
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exemption under Section 11.13(c) or (d), 11.131, 11.132, 11.133, or |
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11.134 applicable to a property on January 1 of a year terminated |
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during the year and if the owner of the property qualifies a |
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different property for one of those residence homestead exemptions |
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during the same year, the tax due against the former residence |
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homestead is calculated by: |
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(1) subtracting: |
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(A) the amount of the taxes that otherwise would |
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be imposed on the former residence homestead for the entire year had |
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the owner qualified for the residence homestead exemption for the |
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entire year; from |
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(B) the amount of the taxes that otherwise would |
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be imposed on the former residence homestead for the entire year had |
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the owner not qualified for the residence homestead exemption |
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during the year; |
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(2) multiplying the remainder determined under |
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Subdivision (1) by a fraction, the denominator of which is 365 and |
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the numerator of which is the number of days that elapsed after the |
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date the exemption terminated; and |
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(3) adding the product determined under Subdivision |
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(2) and the amount described by Subdivision (1)(A). |
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SECTION 3. Sections 26.112(a) and (b), Tax Code, are |
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amended to read as follows: |
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(a) Except as provided by Section 26.10(b), if at any time |
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during a tax year property is owned by an individual who qualifies |
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for an exemption under Section 11.13(c) or (d), 11.131, 11.133, or |
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11.134, the amount of the tax due on the property for the tax year is |
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calculated as if the individual qualified for the exemption on |
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January 1 and continued to qualify for the exemption for the |
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remainder of the tax year. |
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(b) If an individual qualifies for an exemption under |
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Section 11.13(c) or (d), 11.131, 11.133, or 11.134 with respect to |
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the property after the amount of the tax due on the property is |
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calculated and the effect of the qualification is to reduce the |
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amount of the tax due on the property, the assessor for each taxing |
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unit shall recalculate the amount of the tax due on the property and |
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correct the tax roll. If the tax bill has been mailed and the tax on |
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the property has not been paid, the assessor shall mail a corrected |
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tax bill to the person in whose name the property is listed on the |
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tax roll or to the person's authorized agent. If the tax on the |
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property has been paid, the tax collector for the taxing unit shall |
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refund to the person who was the owner of the property on the date |
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the tax was paid the amount by which the payment exceeded the tax |
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due. |
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SECTION 4. The following provisions of the Tax Code are |
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repealed: |
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(1) Section 26.10(c); and |
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(2) Section 26.1125. |
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SECTION 5. This Act applies only to an ad valorem tax year |
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that begins on or after the effective date of this Act. |
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SECTION 6. This Act takes effect January 1, 2026. |