Tim Bivins
- Republican
Primary
Amends the Property Tax Code. Ends the current exemption for disabled veterans with the 2010 tax year. Beginning with the 2011 tax year, provides a property tax exemption for property that is owned and used as a homestead by a disabled veteran or the spouse or unmarried surviving spouse of the veteran. Provides that the amount of the exemption is an amount equal to the assessed value of the property multiplied by the percentage of disability of the veteran. Sets forth requirements for the exemptions. Provides that a surviving spouse may transfer the exemption to homestead property acquired after the veteran's death. Requires an annual application for the exemptions. Effective immediately.
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Session Sine Die
Rule 3-9(a) / Re-referred to Assignments
To Revenue Subcommittee on Property Taxes
Added as Chief Co-Sponsor Sen. Pamela J. Althoff
Assigned to Revenue
Added as Chief Co-Sponsor Sen. Larry K. Bomke
Filed with Secretary by Sen. Tim Bivins
Referred to Assignments
First Reading
Chief Co-Sponsor Sen. Kyle McCarter
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