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TX HB998
Bill
Status
11/12/2024
Primary Sponsor
Steve Toth
Click for details
AI Summary
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Allows disabled veterans to request a preliminary determination from the county chief appraiser on whether a property they intend to purchase would qualify for the 100% disabled veteran property tax exemption under Section 11.131
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Chief appraisers must issue a written preliminary determination within 30 days of receiving the request
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The preliminary determination does not guarantee or affect the actual granting of the exemption once the property is purchased
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Mortgage companies and title insurance companies that receive the preliminary determination must consider it when deciding whether to extend credit and calculating the amount due at closing
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Takes effect September 1, 2025
Legislative Description
Relating to the authority of an individual, before purchasing real property to be used as the individual's residence homestead, to request from the chief appraiser of the applicable appraisal district a preliminary determination of whether the property would qualify for a disabled veteran exemption if purchased by the individual and used for that purpose.
Property Interests
Last Action
Referred to Ways & Means
3/6/2025