Relating to the exemption from ad valorem taxation of a percentage of the assessed value of a property owned by certain disabled veterans and the amount of the exemption for the surviving spouses and children of certain disabled veterans.

HB 250 increases property tax exemptions for disabled veterans in Texas. It provides tiered exemptions based on disability rating: 20% to 100% of a property's assessed value (capped at $5,000 to $12,000 depending on the rating). Veterans over 65 with a 10%+ disability, those who are totally blind, or those who lost a limb also qualify for an 80% exemption ($12,000 cap). Surviving spouses retain the veteran's exemption amount as long as they remain unmarried, and children under 18 who are unmarried may also receive the exemption if the spouse predeceased the veteran. The bill directly affects disabled veterans, their surviving spouses, and eligible children.