Bill > HB1932

This bill modifies Texas tax code provisions related to property tax exemptions for disabled veterans by lowering the disability rating threshold from 100 percent to 60 percent. Currently, only veterans with a 100 percent disability rating could receive a full property tax exemption on their residence homestead, but this bill would extend that exemption to veterans with a disability rating of at least 60 percent who have been awarded disability compensation by the United States Department of Veterans Affairs. The bill also adjusts related language in various sections of the tax code to reflect this change, removing references to "100 percent or totally" disabled veterans and replacing them with more inclusive terminology. The bill is contingent on voters approving a constitutional amendment in 2025 that would authorize the legislature to provide these expanded tax exemptions, and if approved, would take effect on January 1, 2026, applying to property taxes for tax years beginning on or after that date. The goal appears to be providing broader property tax relief to veterans with significant service-connected disabilities.

Budget and Finance

https://capitol.texas.gov/BillLookup/History.aspx?LegSess=89R&Bill=HB1932