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Old 03-05-2004, 09:34 PM
Jimmyjet Jimmyjet is offline
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Posts: 63
Default Texas Property Tax Exemption

Just happened across this, thought someone might be interested

TEXAS VETERAN PROPERTY TAX EXEMPTION: Many states off tax exemptions to
veterans who meet various criteria. An example is Texas where disabled
veterans who meet certain requirements, their surviving spouses and the
spouses and minor children of a person who dies on active duty in the U.S.
Armed Forces are eligible for property tax exemptions on the appraised
value of their property. The exemption is mandatory and applies to taxes
levied by all taxing authorities in the State. A veteran, whose
service-connected disabilities are rated less than 10% by the Department of
Veterans Affairs, or a branch of the Armed Forces, is not entitled to a
property tax exemption. For those rated 10% or more, the tax exemptions
below apply:

Disability Rating Tax Exemption
10% through 30% First $ 5,000 of appraised value
31% through 50%First $ 7,500 of appraised value
51% through 70%First $ 10,000 of appraised value
71% or moreFirst $ 12,000 of appraised value

A veteran whose disability is 10% or more, and who is 65 years or older, is
entitled to exemption of the first $12,000 of appraised value of property.
A veteran whose disability consists of the loss of use of one or more
limbs, total blindness in one or both eyes, or suffers paraplegia, is
exempt on the first $12,000 of the appraised value of his property. A
veteran who qualifies under more than one of the exemptions may not combine
the exemptions, but may take the one providing the largest exclusion. The
surviving spouse of a person who dies on active duty is entitled to
exemption of the first $5,000 of the appraised value of the spouse's
property. A surviving child of a person who dies on active duty is exempt
on the first $5,000 of appraised value of the child's property, as long as
the child is unmarried and under 21 years of age. The surviving spouse of a
deceased veteran, who, at the time of the veteran's death had a compensable
disability and was entitled to an exemption, is also entitled to that
exemption if the surviving spouse is unmarried. This law is administered at
the local level by the various taxing authorities. For additional info
refer to Tax Assessor-Collectors Association of Texas www.tacaoftx.org
. For answers to questions about property values, exemptions, agricultural
appraisal, and protests to the appraisal review board, or to apply for
exemptions, obtain an application from your appraisal district refer to
http://www.window.state.tx.us/taxinf...adalindex.html . Applications must
be completed between January 1 and April 30 [Source: Military Service
Coalition Newsletter JAN 04]
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