Subscribe to receive our Floor Reports covering all the action on the Texas House and Senate floor!
Summary: HB 875 would provide an exemption from school district property taxes on a residence homestead for the surviving spouse of a disabled individual. HB 875 would achieve this by striking language specifying the exemption belonged to “an individual 65 years of age or older,” and refers to Chapter 11.13 (c), tax code, that provides the exemption to “an adult who is disabled or 65 years of age or older.”
Analysis: We support HB 875 because it expands a tax exemption that promotes the property rights of certain property owners, and it limits the amount of revenue that can be taken through property tax.