Texas 2025 - 89th Regular

Texas Senate Bill SJR86

Voted on by Senate
 
Out of House Committee
 
Voted on by House
 
Sent toSOS
 
Proposed Const. Amend.
 

Caption

Proposing a constitutional amendment authorizing the legislature to increase the amount of the exemption from ad valorem taxation of property owned by certain disabled veterans.

Impact

If passed, SJR86 would represent a significant change to the tax obligations of disabled veterans, thereby impacting state statutes concerning property taxes. The enhancements to exemption values will facilitate financial support for veterans and their families, particularly at a time when property taxes may rise due to increased property valuations. This could lead to improving the economic conditions for disabled veterans, contributing to their quality of life and providing them with more resources to meet their needs.

Summary

SJR86 is a Senate Joint Resolution proposing a constitutional amendment that would authorize the Texas legislature to increase the amount of the exemption from ad valorem taxation for property owned by certain disabled veterans. The resolution aims to amend Section 2(b), Article VIII of the Texas Constitution, which outlines existing tax exemption levels for disabled veterans. Currently, those with disability ratings varying from 10% to over 70% obtain different levels of property tax exemption, and SJR86 seeks to adjust these amounts upwards to provide greater financial relief to veterans.

Contention

While the bill aims to provide beneficial changes to exemptions for disabled veterans, it may encounter pushback regarding the financial implications of increasing these exemptions on state tax revenue. Some lawmakers may express concerns about the balance between providing necessary support to veterans and maintaining sufficient funding for other state services. Nevertheless, proponents of the bill argue that aiding disabled veterans is a critical responsibility that outweighs potential budgetary concerns.

Companion Bills

TX SB3060

Enabled by Relating to the amount of the exemption from ad valorem taxation to which certain disabled veterans are entitled.

Previously Filed As

TX HJR187

Proposing a constitutional amendment authorizing the legislature to exempt from ad valorem taxation a percentage of the assessed value of property owned by certain disabled veterans.

TX HB4321

Relating to the exemption from ad valorem taxation of a percentage of the assessed value of a property owned by certain disabled veterans and the amount of the exemption for the surviving spouses and children of certain disabled veterans.

TX SJR85

Proposing a constitutional amendment authorizing the legislature to increase the amount of the exemption from ad valorem taxation by a school district of the market value of the residence homestead of a person who is elderly or disabled.

TX SB3060

Relating to the amount of the exemption from ad valorem taxation to which certain disabled veterans are entitled.

TX SJR2

Proposing a constitutional amendment to increase the amount of the exemption of residence homesteads from ad valorem taxation by a school district.

TX HJR117

Proposing a constitutional amendment authorizing the legislature to exempt from ad valorem taxation all or part of the market value of the residence homesteads of certain disabled veterans and their surviving spouses.

TX HJR119

Proposing a constitutional amendment authorizing the legislature to provide for an exemption from ad valorem taxation of part of the market value of the residence homestead of a partially disabled veteran or the surviving spouse of such a veteran based on the disability rating of the veteran.

TX HJR38

Proposing a constitutional amendment authorizing the legislature to provide for an exemption from ad valorem taxation of part of the market value of the residence homestead of a partially disabled veteran or the surviving spouse of such a veteran based on the disability rating of the veteran.

TX SJR77

Proposing a constitutional amendment authorizing the legislature to provide for an exemption from ad valorem taxation of part of the market value of the residence homestead of a partially disabled veteran or the surviving spouse of such a veteran based on the disability rating of the veteran.

TX HJR55

Proposing a constitutional amendment to increase the amount of the exemption of residence homesteads from ad valorem taxation by a school district.

Similar Bills

No similar bills found.