Bill > HB4647

This bill modifies the definition of "residence homestead" specifically for the property tax exemption available to totally disabled veterans or their surviving spouses. Currently, the definition of residence homestead is limited, but this bill expands it to include two key additional elements: (1) personal property located at the same address that forms the basis for the individual's primary residence, and (2) all structures and improvements at the same address that have identical ownership and are primarily used for residential purposes. These changes effectively broaden the type of property that can be considered part of a veteran's tax-exempt residence homestead. The bill will apply to ad valorem (property) taxes for tax years beginning on or after its effective date, which is January 1, 2026. By expanding the definition, the bill aims to provide more comprehensive property tax relief for disabled veterans and their surviving spouses by allowing a more inclusive interpretation of what constitutes their primary residence for tax exemption purposes.

Budget and Finance

https://capitol.texas.gov/BillLookup/History.aspx?LegSess=89R&Bill=HB4647