Bill Status of HB4817 102nd General Assembly
Short Description: PROP TX-DISABLED VET EXEMPTION
Rep. Deanne M. Mazzochi
| 2/18/2022||House||Rule 19(a) / Re-referred to Rules Committee|
Statutes Amended In Order of Appearance
Synopsis As Introduced
Amends the Property Tax Code. Provides that, if a veteran has a service connected disability of 100% and the property is located in a compliant county, the taxpayer who has been granted a homestead exemption for veterans with disabilities shall no longer be required to reapply for the exemption on an annual basis, and the exemption shall be in effect for as long as the exemption would otherwise be permitted. Provides that "compliant county" means that the Department of Revenue has determined that the chief county assessment officer of the county is actively enforcing the provisions of the exemption that distinguish between property with an equalized assessed value of less than $250,000 and property with an equalized assessed value of $250,000 or more. Makes conforming changes. Effective immediately.