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More Veterans Could Avoid Property Tax Under New Plan

More Veterans Could Avoid Property Tax Under New Plan

Summary

A new plan proposed in Texas aims to offer property tax exemptions to all Purple Heart recipients, regardless of their disability rating from the Veterans Affairs. Currently, only veterans with a 100% disability rating receive full property tax exemptions. The proposal seeks to recognize and support veterans who have been injured in combat.

Key Facts

  • A proposed Texas law would offer property tax exemptions to all Purple Heart recipients.
  • Currently, in Texas, only veterans with a 100% VA disability rating get a full exemption.
  • The Military Order of the Purple Heart Chapter 598 supports the proposal, saying it recognizes veterans' sacrifices.
  • The proposal aims to revive a similar bill that failed in 2017.
  • The group plans to survey veterans and civilians in Texas to gather support for the new plan.
  • If passed, Purple Heart recipients could save thousands of dollars in property taxes annually.
  • Supporters believe this exemption is fairer, as VA disability ratings can be inconsistent.
  • There is hope the proposal might inspire similar laws in other states or federally.

Source Information