New Property Tax Exemption

Published by Research Editor on November 10th, 2011 - in Tax loopholes and exceptions
New tax exemption

 

On Tuesday, more than half a million Texas voters chose to grant tax exemption to surviving spouses of disabled veterans.

 

Proposition 1 transfers the homestead property tax exemption of a totally disabled veterans to their surviving spouse after the veteran’s death.  Prior to this, the exemption was lost when the veteran died, essentially giving the surviving spouse a sudden property tax bill along with the funeral costs.

 

In recognition of the sacrifice of veterans and their spouses, the proposition to give tax exemptions to surviving spouses passed with 83% support.

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32 Responses

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  5. Doris says:

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  13. Keach24 says:

    whatever.. the new property tax exemption doesnt really relieve taxes from many people, but it does from those who deserve it most…

  14. Bitton867 says:

    I for 1 am upset about this ‘New Property Tax Exemption’. Why shouldn’t they have to pay property taxes like I do?

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