Bill > HB112

This bill modifies the definition of "residence homestead" specifically for the purpose of property tax exemptions for totally disabled veterans or their surviving spouses. The bill expands the definition to include two key additions: (1) personal property located at the same address as the primary residence that forms the basis for the individual's use of the property as their primary home, and (2) all structures and improvements at the same address that have identical ownership and are primarily used for residential purposes. These changes broaden the scope of what can be considered a residence homestead when claiming a property tax exemption, potentially providing more comprehensive tax relief for disabled veterans and their families. The bill will apply to ad valorem (property) taxes for tax years beginning on or after its effective date, which is set for January 1, 2026. By expanding the definition, the bill aims to offer more flexible and inclusive tax exemptions for veterans with disabilities who own property.

https://capitol.texas.gov/BillLookup/History.aspx?LegSess=891&Bill=HB112