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 local districts provide all residents, including disabled veterans and their surviving spouses, with the appropriate ad valorem tax exemptions as mandated by the Tax Code. The provisions of this Act will take effect on January 1, 2026, contingent upon the approval of a related constitutional amendment by voters during the 89th Legislature's Regular Session in 2025. If the amendment is not approved, the Act will have no effect.

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