Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Senate panel hears push to expand state aid for localities hit by disabled-veteran property tax exemption
Summary
Local officials from Lampasas, Bell and Killeen told the Senate Finance Committee that expanding eligibility for state reimbursement under House Bill 2,894 is needed to offset large local budget impacts from the Disabled Veterans Homestead Exemption; witnesses urged the committee to pair any expansion with adequate funding.
Committee on Finance members heard testimony Tuesday on the committee substitute for House Bill 2,894, a proposal to expand eligibility for state reimbursement to local governments disproportionately affected by the Disabled Veterans Homestead Exemption.
The bill’s sponsor, Senator Sarah Flores, told the committee the measure would add municipalities in Bell, Coryell and Lampasas counties to a list of local governments that may qualify for relief when revenue losses from the exemption equal or exceed 10% of a local government’s general revenue fund. “Committee substitute for House Bill 28 94 seeks to expand the eligibility criteria for state aid of local governments that are disproportionately affected by the Disabled Veterans Homestead Exemption,”…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
