Storm-damaged properties may qualify for temporary tax exemptions

Properties damaged in the April 25 EF1 tornado and storm may qualify for a temporary property tax exemption, according to a news release from the Texas Comptroller’s office.

Tax Code Section 11.35, Temporary Exemption for Qualified Property Damaged by Disaster, allows qualified properties that are at least 15% damaged by a disaster in counties included in a disaster declaration to receive a temporary exemption on a portion of the property’s appraised value…

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