Thousands of Texans Could Be Eligible for Property Tax Exemptions Due to 2021 Winter Storm

Winter Storm Uri struck Texas in February, bringing record cold, snow, and destruction across the state. Experts estimate Uri resulted in more than $195 billion in damage to Texas business and residential properties, making the storm the most destructive natural disaster in Texas history. However, help for affected Texans comes from an unlikely source: the Texas Tax Code. The Texas Tax Code allows property owners to qualify for a temporary exemption from property tax levied on qualified property significantly damaged in a state-declared disaster. Governor Greg Abbott declared a disaster for all 254 counties in Texas on February 12, so many Texans may be eligible for a break on their property taxes for 2021 if they file the exemption form before May 28.

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