Texas HB511 proposes an exemption from ad valorem taxation for the residence homestead of unpaid caregivers of individuals awaiting Medicaid.

HB511 amends the Texas Tax Code to exempt the total appraised value of the residence homestead of unpaid caregivers from ad valorem taxation. This exemption applies to caregivers who are parents, grandparents, or legal guardians of individuals eligible for Medicaid long-term services and supports while on a waiting list. The exemption takes effect on January 1, 2026, contingent on voter approval of a constitutional amendment. The bill also outlines procedures for recalculating taxes if a caregiver qualifies for the exemption after the tax amount has been calculated.

Texas HB511 proposes an exemption from ad valorem taxation for the residence homestead of unpaid caregivers of individuals awaiting Medicaid.

HB511 amends the Texas Tax Code to exempt the total appraised value of the residence homestead of unpaid caregivers from ad valorem taxation. This exemption applies to caregivers who are parents, grandparents, or legal guardians of individuals eligible for Medicaid long-term services and supports while on a waiting list. The exemption takes effect on January 1, 2026, contingent on voter approval of a constitutional amendment. The bill also outlines procedures for recalculating taxes if a caregiver qualifies for the exemption after the tax amount has been calculated.