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HomeMy WebLinkAboutOrd 305-2007 Adopting Elderly Homestead Tax ExemptionCITY OF ANNA, TEXAS ORDINANCE NO. 305-2007 AN ORDINANCE ADOPTING ELDERLY HOMESTEAD TAX EXEMPTION; ESTABLISHING EXEMPTION TO AD VALOREM PROPERTY TAXES FOR RESIDENCE HOMESTEADS OF ELDERLY PERSONS IN THE CITY OF ANNA, TEXAS; PROVIDING FOR DEFINITIONS; PROVIDING FOR AN EFFECTIVE DATE OF THE EXEMPTION; PROVIDING FOR REPEALING, SAVINGS AND SEVERABILITY CLAUSES; PROVIDING FOR AN EFFECTIVE DATE OF THIS ORDINANCE; AND PROVIDING FOR THE PUBLICATION OF THE CAPTION HEREOF. WHEREAS, the City Council ("City Council") of the City of Anna, Texas ("Anna") has investigated and determined that it will be advantageous and beneficial to Anna and its inhabitants to adopt Elderty Homestead Tax Exemption and to establish an exemption to ad valorem property taxes for residence homesteads of elderly and disabled individuals in Anna as set forth below; and WHEREAS, the Texas Property Tax Code Section 11.13(d) authorizes the City Council to establish an exemption to ad valorem property taxes for residence homesteads of elderly and disabled individuals. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF ANNA, TEXAS: SECTION 1: Findimm Incorporated. The findings set forth above are incorporated into the body of this Ordinance as if fully set forth herein. (a) Upon compliance with all requirements of the State Property Tax Code and all other applicable laws and ordinances, thirty thousand dollars ($30,000) of the assessed value of the residence homesteads of elderly persons shall be exempt from ad valorem taxes levied by the City of Anna. A person may not receive an exemption for more than one residence homestead, no matter where located, in the same year. (b) For the purpose of this section, the following terms, phrases, words and their derivation shall have the meaning given below: (1) 'Elderly' means an adult who is sixty-five (65) years of age or older. Ord. No. 305.2007 Adopting Elderly Romeneed Tvc Exemption ($30,000) 1 01-09-07 (2) 'Disabled' has the same meaning as set forth in the Texas Tax Code Section 11.13(m)(1), as it currently exists or may be amended. (3) 'Residence homestead' has the same meaning as set forth in the Texas Property Tax Code Section 11.130)(1), as it currently exists or may be amended. (c) This exemption shall become effective beginning with the 2006 tax year, and shall remain effective for each successive tax year until otherwise amended or repealed by the City Council or other appropriate authority." SECTION 3: SavinaslReoealina Clause. All provisions of any ordinance in conflict with this Ordinance are hereby repealed to the extent they are in conflict; but such repeal shall not abate any pending prosecution for violation of the repealed ordinance, nor shall the repeal prevent a prosecution from being commenced for any violation H occurring prior to the repeal of the ordinance. Any remaining portions of said ordinances shall remain in full force and effect. SECTION 4: Severability. Should any section, subsection, sentence, clause or phrase of this Ordinance be declared unconstitutional or invalid by a court of competent jurisdiction, it is expressly provided that any and all remaining portions of this Ordinance shall remain in full force and effect. Anna hereby declares that it would have passed this Ordinance, and each section, subsection, clause or phrase thereof irrespective of the fad that any one or more sections, subsections, sentences, clauses and phrases be declared unconstitutional or invalid. SECTION 5: Effective Date. This Ordinance shall become effective upon its passage and as provided herein. DULY PASSED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF ANNA, TEXAS, on this gn day of January, 2007. ATTEST: APPROVED: NafhjWilkison, City Secretary +i Ord. No. 305-2007 Adopting Elderly Homestead Tax Exemption ($30,000) 2 0409-07