Bill > HB250

This bill modifies the property tax exemption rules for disabled veterans in Texas by creating a more graduated exemption structure based on disability rating percentages. Specifically, disabled veterans will now receive tax exemptions ranging from 20% to 100% of their property's assessed value, depending on their disability rating: 20% for veterans with a 10-30% disability rating, 40% for 30-50%, 60% for 50-70%, 80% for 70-100%, and 100% for those with a full disability rating. The bill also preserves existing provisions allowing veterans who are 65 or older, blind, or have lost limb use to receive an 80% exemption. For surviving spouses and children of disabled veterans, the exemption amount will be based on the veteran's exemption at the time of death, with surviving unmarried children under 18 able to divide the exemption amount. The bill is contingent on voter approval of a related constitutional amendment and would take effect on January 1, 2026, applying only to tax years beginning on or after that date. The changes aim to provide more proportional and flexible property tax relief for disabled veterans and their families.

Budget and Finance

https://capitol.texas.gov/BillLookup/History.aspx?LegSess=892&Bill=HB250