§ 90-81. Homestead exemption.

Pursuant to article VIII, section 1-b of the Texas Constitution, and V.T.C.A., Tax Code § 11.13, $50,000.00 of the assessed value of residence homesteads of persons 65 years of age and older, as defined in V.T.C.A., Tax Code § 11.13 and V.T.C.A., Tax Code § 11.41, shall be exempt from city real property taxes when such taxes are levied and approved by the city council upon the owner's compliance with the following:

(1)

The residence owner shall be 65 years of age or older during the tax year;

(2)

The residence owner shall be an actual occupant of the homestead on which the exemption is claimed, within the provisions of V.T.C.A., Tax Code § 11.13;

(3)

The residence owner of the homestead shall submit to the chief appraiser an exemption application form as required by V.T.C.A., Tax Code, showing that the person is qualified under subsection (1) and is an occupant under subsection (2); and

(4)

Any other lawful requirements as may be included in the tax levy ordinance.

(Code 1987, § 19-41; Ord. No. 2007-02, § 1, 1-16-07)