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S.B. No.201

AN ACT relating to the calculation of ad valorem taxes on the residence

homestead of a 100 percent or totally disabled veteran for the tax

year in which the veteran qualifies or ceases to qualify for an

exemption from taxation of the homestead.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:

SECTION 1.  Section 11.42, Tax Code, is amended by adding

Subsection (e) to read as follows:

(e)  A person who qualifies for an exemption under Section

11.131 after January 1 of a tax year may receive the exemption for

the applicable portion of that tax year immediately on

qualification for the exemption.

SECTION 2.  Section 26.10, Tax Code, is amended by adding

Subsection (c) to read as follows:

(c)  If the appraisal roll shows that a residence homestead

exemption under Section 11.131 applicable to a property on January

1 of a year terminated during the year, the tax due against the

residence homestead is calculated by multiplying the amount of the

taxes that otherwise would be imposed on the residence homestead

for the entire year had the individual not qualified for the

exemption under Section 11.131 during the year by a fraction, the

denominator of which is 365 and the numerator of which is the number

of days that elapsed after the date the exemption terminated.

SECTION 3.  Chapter 26, Tax Code, is amended by adding

Section 26.1125 to read as follows:

Sec. 26.1125.  CALCULATION OF TAXES ON RESIDENCE HOMESTEAD

OF 100 PERCENT OR TOTALLY DISABLED VETERAN. (a)  If a person

qualifies for an exemption under Section 11.131 after the beginning

of a tax year, the amount of the taxes on the residence homestead of

the person for the tax year is calculated by multiplying the amount

of the taxes that otherwise would be imposed on the residence

homestead for the entire year had the person not qualified for the

exemption under Section 11.131 by a fraction, the denominator of

which is 365 and the numerator of which is the number of days that

elapsed before the date the person qualified for the exemption

under Section 11.131.

(b)  If a person qualifies for an exemption under Section

11.131 with respect to the property after the amount of the tax due

on the property is calculated and the effect of the qualification is

to reduce the amount of the tax due on the property, the assessor

for each taxing unit shall recalculate the amount of the tax due on

the property and correct the tax roll. If the tax bill has been

mailed and the tax on the property has not been paid, the assessor

shall mail a corrected tax bill to the person in whose name the

property is listed on the tax roll or to the person’s authorized

agent. If the tax on the property has been paid, the tax collector

for the taxing unit shall refund to the person who paid the tax the

amount by which the payment exceeded the tax due.

SECTION 4.  This Act applies only to an ad valorem tax year

that begins on or after the effective date of this Act.

SECTION 5.  This Act takes effect January 1, 2012.

 

______________________________ ______________________________

President of the Senate            Speaker of the House

 

I hereby certify that S.B. No. 201 passed the Senate on

April 7, 2011, by the following vote:  Yeas 31, Nays 0;

May 9, 2011, Senate refused to concur in House amendments and

requested appointment of Conference Committee; May 21, 2011, House

granted request of the Senate; May 24, 2011, Senate adopted

Conference Committee Report by the following vote:  Yeas 31,

Nays 0.

 

______________________________

Secretary of the Senate

 

I hereby certify that S.B. No. 201 passed the House, with

amendments, on May 5, 2011, by the following vote:  Yeas 143,

Nays 1, two present not voting; May 21, 2011, House granted request

of the Senate for appointment of Conference Committee;

May 24, 2011, House adopted Conference Committee Report by the

following vote:  Yeas 143, Nays 0, two present not voting.

 

______________________________

Chief Clerk of the House

 

Approved:

 

______________________________

Date

 

______________________________

Governor

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