Relating to an exemption from ad valorem taxation of the total appraised value of the residence homesteads of certain elderly persons and their surviving spouses.

This bill creates a property tax exemption for Texas residents aged 72 or older who have held a homestead exemption for at least 10 consecutive years. Surviving spouses aged 55 or older who were living in the home when their spouse died (and met the exemption criteria) also qualify for the same tax exemption. The exemption applies to the full appraised value of the primary residence, eliminating property taxes on that home. The bill takes effect only if voters approve a related constitutional amendment (H.J.R. 133) in 2025.