Texas HB998 allows disabled veterans to request a preliminary determination on property tax exemptions before purchasing a residence homestead.

HB998 amends the Tax Code to allow a disabled veteran to request a preliminary determination from the chief appraiser of the applicable appraisal district regarding whether a property would qualify for a disabled veteran exemption. The request must include the same information as an exemption application. The chief appraiser must issue a written preliminary determination within 30 days. Mortgage companies and title insurance companies must consider the preliminary determination when deciding whether to extend credit and the amount due at closing. The bill takes effect September 1, 2025.

Texas HB998 allows disabled veterans to request a preliminary determination on property tax exemptions before purchasing a residence homestead.

HB998 amends the Tax Code to allow a disabled veteran to request a preliminary determination from the chief appraiser of the applicable appraisal district regarding whether a property would qualify for a disabled veteran exemption. The request must include the same information as an exemption application. The chief appraiser must issue a written preliminary determination within 30 days. Mortgage companies and title insurance companies must consider the preliminary determination when deciding whether to extend credit and the amount due at closing. The bill takes effect September 1, 2025.