§ 74-22. Tax exemptions for persons 65 years or older and for disabled persons

(a) For the purpose of this section, "disabled" shall mean under a disability for purposes of payment of disability insurance benefits under Federal Old Age, Survivors and Disability Insurance, consistent with V.T.C.A., Tax Code § 11.13(m), as amended.

(b) Pursuant to the provisions of V.T.C.A., Tax Code § 11.13 of the Texas Tax Code, as amended, there is hereby created a residential homestead exemption for persons 65 years of age or older and for disabled persons, such exemption from taxation being $50,000.00 appraised value of the resident's homestead.

(c) The resident's homestead exemptions provided by division (b) of this section may not be aggregated; an individual who is eligible for both exemptions is entitled to take only one of the exemptions so authorized.

(d) Joint or community owners may not each receive the same exemption provided by or pursuant to this section for the same resident's homestead in the same year.

(e) A person claiming eligibility for a disabled person or persons 65 years of age or older may submit an affidavit to the county tax appraisal district in order to obtain the exemption.

(Code 1993, § 37.02; Ord. No. 298, 6-19-1989; Ord. No. 06-06-696, § 3, 6-19-2006)