This law allows local governing bodies to transfer tax limitations for disabled individuals or those aged 65 and older, starting from the tax year after the election. It specifically applies to ad valorem taxes on their residence homestead, providing financial relief to eligible homeowners.
Applies to disabled individuals and seniors aged 65 or older.
Tax limitation transfers start after the election year.
Affects ad valorem taxes on residence homesteads.
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In simple terms: Learn about Texas's law, including definitions, penalties, and legal implications.. This means people must follow this rule, and breaking it can lead to criminal penalties.
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