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.

HB 155 would create a property tax exemption for the full appraised value of a primary residence (homestead) for two groups: (1) Texas residents aged 72 or older who have held this exemption for at least 10 consecutive years, and (2) surviving spouses aged 55 or older who were living in the same home when their spouse died and qualify under the same age and residency rules. The exemption applies to the total value of the homestead, removing the property tax burden entirely for eligible homeowners. This bill requires voter approval of a related constitutional amendment (H.J.R. 133) to take effect, as specified in Section 2. It does not change existing exemptions for younger homeowners or other property types.