Approve HB 474 = Exemption of Ad Valorem Taxation for Homesteads of 100 percent Disabled VeteransSomervell County Salon-Glen Rose, Rainbow, Nemo, Glass....Texas

81st Texas Legislative Session

Approve HB 474 = Exemption of Ad Valorem Taxation for Homesteads of 100 percent Disabled Veterans

19 April 2009 at 7:19:03 PM

Disabled Veterans Awaiting Approval of Ad Valorem Property Tax Exemption
In particular, 100 percent Disabled Veterans have been awaiting property tax relief for more than 5 years.  The precursor bill to current HB 474 was approved by the Legislature 2 years ago and Texans voted their approval in that year's public election; however, lawmakers adjourned before approving this companion bill which would have enabled local governments to grant the exemptions of ad valorem taxation and incorporate the legislation at that time for a homestead of a 100 percent Disabled Veteran.  Disabled Veterans with a lesser disability would receive a smaller exemption status.
HB 474 has been sent to Calendars and is awaiting further approval.
HB 474 should be passed by the House and Senate immediately so that Disabled Veterans may begin to receive their exemptions starting in January 2010.  Disabled Veterans have waited long enough.

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