Texas HB201 proposes an exemption from ad valorem taxation for partially disabled veterans and their surviving spouses based on the veteran's.

HB201 amends the Texas Tax Code to provide an exemption from ad valorem taxation for the residence homestead of a partially disabled veteran or their surviving spouse, based on the veteran's disability rating. The exemption applies to a percentage of the appraised value of the residence homestead, with the percentage corresponding to the veteran's disability rating. The surviving spouse is entitled to the same exemption if they have not remarried and the property was their residence homestead at the time of the veteran's death.

Texas HB201 proposes an exemption from ad valorem taxation for partially disabled veterans and their surviving spouses based on the veteran's.

HB201 amends the Texas Tax Code to provide an exemption from ad valorem taxation for the residence homestead of a partially disabled veteran or their surviving spouse, based on the veteran's disability rating. The exemption applies to a percentage of the appraised value of the residence homestead, with the percentage corresponding to the veteran's disability rating. The surviving spouse is entitled to the same exemption if they have not remarried and the property was their residence homestead at the time of the veteran's death.