The resolution proposes a constitutional amendment to allow the Texas legislature to exempt a percentage of the assessed value of property owned by certain disabled veterans from ad valorem taxation. The amendment specifies that veterans with a disability rating of 10% or higher may qualify for varying levels of tax exemption based on their disability rating, with those rated at 100% eligible for a full exemption. Additionally, the surviving spouses and minor children of disabled veterans are also included in the exemption provisions.
The proposed amendment seeks to amend Section 2(b) of Article VIII of the Texas Constitution and repeals Section 2(d). If approved, this amendment will be presented to voters in an election scheduled for November 4, 2025, allowing them to decide on the measure that aims to provide financial relief to disabled veterans and their families through property tax exemptions.