Relating to the exemption from ad valorem taxation of part of the appraised value of the residence homestead of a partially disabled veteran or the surviving spouse of such a veteran based on the disability rating of the veteran.

HB 297 creates a property tax exemption for partially disabled veterans and their surviving spouses in Texas. It allows veterans with a disability rating of 10% to 99% to exempt a percentage of their home's appraised value equal to their disability rating from property taxes. Surviving spouses who haven't remarried and whose deceased veteran spouse qualified for this exemption may continue the same exemption on the same property, or transfer it to a new primary residence if they move. The exemption applies only to the veteran's or surviving spouse's principal residence, and the surviving spouse must maintain the property as their homestead. This policy directly affects disabled veterans and their eligible spouses by reducing their property tax burden based on disability severity.