Proposing a constitutional amendment to allow tax exemptions for disabled veterans' property based on disability rating.
This bill proposes a constitutional amendment to allow the Texas legislature to exempt from ad valorem taxation a percentage of the assessed value of property owned by certain disabled veterans. The exemption percentages vary based on the veteran's disability rating, with higher ratings resulting in higher exemption percentages. Veterans with a disability rating of 100 percent are eligible for a full exemption. The amendment also includes provisions for the surviving spouses and children of deceased veterans and those who died in active duty.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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