Great news for Texas Vets!

You qualify for the new 100% homestead exemption if you meet these requirements:
• You own a home and occupy it as your residence homestead.
• You are receiving 100% disability compensation from the US Department of Veterans Affairs for a service-connected disability.
• You have a disability rating of 100% disabled or of individual unemployability.
To get this exemption, you must fill out and return to your County Appraisal District Office: Texas Property Tax Form 50-764. You must attach documentation as well. You must attach a copy of your award letter, a “VA tax letter,” or another document from the United States Department of Veterans Affairs showing 100% disability compensation due to a service-connected disability and a rating of 100% disability or of individual unemployability.

The Texas Legislature recently passed HB 3613. This bill provides for a 100% exemption for the residence homestead of qualified disabled veterans. The bill also increases the amount of the regular disabled veteran's exemption for veterans who have a disability rating of 30%, 50%, or 70%.
Below are some commonly asked questions and answers about the new 100% disability homestead exemption.

http://www.glo.state.tx.us/vlb/docs/vethomeexemption.pdf 😀