bill raising the disabled veteran property tax exemption

The text as introduced · 294 words

89R22013 JBD-D

By: Hagenbuch
S.B. No. 3060

A BILL TO BE ENTITLED

AN ACT

relating to the amount of the exemption from ad valorem taxation to

which certain disabled veterans are entitled.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:

SECTION 1. Section 11.22(a), Tax Code, is amended to read as

follows:

(a) A disabled veteran is entitled to an exemption from

taxation of the following applicable [ a ] portion of the assessed

value of a property the veteran owns and designates as provided by

Subsection (f) [ in accordance with the following schedule ]:

(1) $30,000 for a veteran having a disability rating

of at least 10 percent but less than 30 percent;

(2) $40,000 for a veteran having a disability rating

of at least 30 percent but less than 50 percent;

(3) $50,000 for a veteran having a disability rating

of at least 50 percent but less than 70 percent; or

(4) $100,000 for a veteran having a disability rating

of 70 percent or more.

[ an exemption of

for a disability rating of

up to:

at least:

but less than:

$5,000 of the

10%

30%

assessed value

7,500

30

50

10,000

50

70

12,000

70 and over ]

SECTION 2. This Act applies only to ad valorem taxes imposed

for a tax year that begins on or after the effective date of this

Act.

SECTION 3. This Act takes effect January 1, 2026, but only

if the constitutional amendment proposed by the 89th Legislature,

Regular Session, 2025, authorizing the legislature to increase the

amount of the exemption from ad valorem taxation of property owned

by certain disabled veterans is approved by the voters. If that

amendment is not approved by the voters, this Act has no effect.