§ 38-1. Elderly homestead exemption.

Latest version.

From and after January 1, 1978, $10,000.00 of the assessed taxable value of all residence homesteads of persons 65 years of age or older shall be exempt from all ad valorem taxes levied by the city.

(Code 2002, § 11.100; Ord. No. 304, §§ 1—2, 8-16-1977)

State law reference

Residence homestead tax exemptions, V.T.C.A., Tax Code § 11.13.

                    
                        var val = document.getElementById('citecontent').innerHTML;
                        art.dialog.defaults.title = window.location.href;
                        art.dialog.data('cite', val);
                        art.dialog.data('homeDemoPath', '/Scripts/plus/artDialog/');
                        art.dialog.open('/Scripts/plus/artDialog/citeiframe.html');