PROP TX-VETERAN-COMMERCIAL

Session: 103rd General Assembly
Year: 2023
Bill #: SB0220
Category: Revenue
Position: Under Review
Mandate?
Revenue Loss?
Authority Preemption?

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Summary as Introduced

Amends the Property Tax Code. Provides that the portion of the property that is used by a business that is certified by the United States Small Business Administration as a Service-Disabled Veteran-Owned Small Business (SDVOSB) is not considered to be used for commercial purposes for the purposes of the homestead exemption for veterans with disabilities. Effective immediately.



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