O-81-796 - 4/9/1981ORDINANCE NO. /796
AN ORDINANCE AMENDING CHAPTER 1, SECTION 7, CODE OF
ORDINANCES TO PROVIDE FOR AN INCREASE IN THE HOME-
STEAD TAX EXEMPTION AND TO ESTABLISH A HOMESTEAD
TAX EXEMPTION FOR THE DISABLED.
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF ROUND ROCK,
TEXAS,
I.
That Chapter 1, Section 7, Code of Ordinances, City of
Round Rock, Texas, is hereby amended to read as follows:
SECTION 7: HOMESTEAD TAX EXEMPTION FOR THE ELDERLY
AND FOR THE DISABLED
A. Homestead Tax Exemption For The Elderly
(1) From and after January 1, 1981, Ten Thousand
Dollars ($10,000.00) of the assessed value of
residence homesteads as defined by law of per-
sons who have attained the age of sixty-five
(65) years of age, on or before January 1, of
the year for which the exemption is claimed,
shall be exempted from City ad valorem tax;
provided, however, that where the ad valorem
tax has heretofore been pledged for the payment
of any debt, the taxing officers of the City
shall have authority to continue to levy and
collect the tax against the homestead property
at the same rate as the tax so pledged until
the debt is discharged, if the cessation of the
levy would impair the obligation of the con-
tract by which the debt was created.
B. Homestead Tax Exemption For The Disabled
(1) From and after January 1, 1981, Three Thousand
Dollars ($3,000.00) of the assessed value of
residence homesteads as defined by law of an
individual who is disabled on or before January
1, of the year for which the exemption is
claimed shall be exempted from City ad valorem
tax; provided, however, that where the ad valor-
em tax has heretofore been pledged for the
payment of any debt, the taxing officers of the
City shall have authority to continue to levy
and collect the tax against the homestead prop-
erty at the same rate as the tax so pledged
until the debt is discharged, if the cessation
of the levy would impair the obligation of the
contract by which the debt was created.
(2) As used herein, the term "disabled" shall be
defined by Sec. 11.13(m) of the Property Tax
Code and any amendments thereto.
C. Maximum Homestead Tax Exemption
(1) In no event shall the tax exemption on any
residence homestead exceed Ten Thousand Dollars
($10,000.00).
II.
A. All ordinances, parts of ordinances, or resolutions
in conflict herewith are expressly repealed.
B. The invalidity of any section or provision of this
ordinance shall not invalidate other sections or provisions
thereof.
READ and APPROVED on first reading this the O?Gj day
, 1981.
READ, APPROVED and ADOPTED on second reading this the
T1.1
day of , 1981.
ATTEST:
i1%
Ji ANNE LAND,
Sty Secretary
Altuar
A"Y L ON► , Mayor
C'ty of Round Rock, Texas