Texas HB2032 amends tax code to exempt partially disabled veterans and their surviving spouses from ad valorem taxation based on disability rating.

HB2032 amends the Texas Tax Code to provide an exemption from ad valorem taxation for partially disabled veterans and their surviving spouses. A disabled veteran with a disability rating of at least 10% but less than 100% is entitled to a tax exemption on a percentage of the appraised value of their residence homestead, equal to their disability rating. The surviving spouse of a disabled veteran is entitled to a similar exemption if they have not remarried since the veteran's death and the property was their residence homestead at the time of the veteran's death.

Texas HB2032 amends tax code to exempt partially disabled veterans and their surviving spouses from ad valorem taxation based on disability rating.

HB2032 amends the Texas Tax Code to provide an exemption from ad valorem taxation for partially disabled veterans and their surviving spouses. A disabled veteran with a disability rating of at least 10% but less than 100% is entitled to a tax exemption on a percentage of the appraised value of their residence homestead, equal to their disability rating. The surviving spouse of a disabled veteran is entitled to a similar exemption if they have not remarried since the veteran's death and the property was their residence homestead at the time of the veteran's death.