Principle Criteria
Free Enterprise
Property Rights
Personal Responsibility
Limited Government
Individual Liberty
Digest
HB 112 broadens the definition of “residence homestead” under Tax Code §11.131 to include certain personal property and all residential structures located at the same address when determining eligibility for the full property tax exemption granted to 100% disabled veterans and their surviving spouses. The intent is to ensure the exemption fully applies to all components of a veteran’s homestead.
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