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TX SB247
TX SB247Relating to the applicability of the law governing the provision of state aid to certain local governments disproportionately affected by the granting of ad valorem tax relief to disabled veterans.
summary
Introduced
11/12/2024
11/12/2024
In Committee
02/03/2025
02/03/2025
Crossed Over
Passed
Dead
06/02/2025
06/02/2025
Introduced Session
89th Legislature Regular Session
Bill Summary
AN ACT relating to the applicability of the law governing the provision of state aid to certain local governments disproportionately affected by the granting of ad valorem tax relief to disabled veterans.
AI Summary
This bill modifies the definition of "local government" in the Texas Local Government Code to expand which municipalities and counties can qualify for state aid related to disabled veterans' ad valorem (property) tax relief. Currently, the law applies to municipalities adjacent to military installations, but the bill broadens this to include municipalities wholly or partly located in counties with military installations or adjacent to such counties. The bill specifies that these changes will apply to local governments' eligibility for disabled veteran assistance payments starting with the fiscal year ending in the 2025 tax year, with the act taking effect on September 1, 2025. By expanding the definition, more local governments will potentially become eligible for state financial assistance to offset the property tax revenue lost due to disabled veterans' tax exemptions, which can have a significant fiscal impact on local jurisdictions with military installations.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Referred to Finance (on 02/03/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://capitol.texas.gov/BillLookup/History.aspx?LegSess=89R&Bill=SB247 |
| BillText | https://capitol.texas.gov/tlodocs/89R/billtext/html/SB00247I.htm |
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