H.B. No. 1932 proposes an amendment to the Texas Tax Code regarding ad valorem taxation exemptions for the residence homesteads of certain disabled veterans and their surviving spouses. The bill modifies the language in Section 11.131 to specify that the exemption applies to veterans with at least 60 percent disability compensation from the U.S. Department of Veterans Affairs, rather than the previous requirement of 100 percent disability. Additionally, the bill updates the headings of relevant sections to reflect this change in eligibility criteria.

The bill also ensures that all district residents receive the tax exemptions they are entitled to, including the total appraised value exemption for the residence homestead of a disabled veteran or their surviving spouse. This legislation will take effect on January 1, 2026, contingent upon the approval of a constitutional amendment by voters that allows the legislature to exempt all or part of the market value of these residence homesteads from ad valorem taxation. If the amendment is not approved, the bill will have no effect.

Statutes affected:
Introduced: Tax Code 11.131, Tax Code 26.1125, Special District Local Laws Code 1122.2523 (Special District Local Laws Code 1122, Tax Code 11, Tax Code 26)