Texas HB1932 proposes an exemption from ad valorem taxation for the residence homesteads of certain disabled veterans and their surviving spouses.

HB1932 amends the Texas Tax Code to exempt the total appraised value of the residence homestead from ad valorem taxation for disabled veterans who have been awarded at least 60 percent disability compensation by the U.S. Department of Veterans Affairs and have a service-connected disability rating of at least 60 percent or are rated as totally and permanently disabled. The bill also extends this exemption to the surviving spouses of these veterans.

Texas HB1932 proposes an exemption from ad valorem taxation for the residence homesteads of certain disabled veterans and their surviving spouses.

HB1932 amends the Texas Tax Code to exempt the total appraised value of the residence homestead from ad valorem taxation for disabled veterans who have been awarded at least 60 percent disability compensation by the U.S. Department of Veterans Affairs and have a service-connected disability rating of at least 60 percent or are rated as totally and permanently disabled. The bill also extends this exemption to the surviving spouses of these veterans.