Texas HB202 amends tax code to exempt part of the appraised value of a partially disabled veteran's or their surviving spouse's residence homestead.
HB202 modifies the Texas Tax Code to provide an exemption from ad valorem taxation for part of the appraised value of the residence homestead of a partially disabled veteran or their surviving spouse, based on the veteran's disability rating. The exemption percentage corresponds to the veteran's disability rating. If the surviving spouse has not remarried since the veteran's death, they are entitled to the same exemption on the former residence homestead.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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