Tax Code Section 11.35 allows a qualified property that is at least 15 percent damaged by a disaster in a governor-declared disaster area to receive a temporary exemption of a portion of the appraised value of the property. A property owner must apply for the temporary exemption and the deadline for application is 105 days after the governor declares a disaster area.
Information regarding any disaster declarations can be found on the Governor’s website at https://gov.texas.gov/.
March 18, 2022 Governor Abbott declared a state a disaster in Brooks, Brown, Coleman, Comanche, Eastland, Grayson, Mason, Potter, Randall, Runnels, and Williamson counties. The deadline for filing the application for the exemption is July 1, 2022.
March 22, 2022 Governor Abbott declared a state a disaster in Bastrop, Cass, Cooke, Grayson, Guadalupe, Houston, Jack, Madison, Marion, Montague, Nacogdoches, Panola, Rusk, Upshur, Williamson and Wise counties. The deadline for filing the application for the exemption is July 5, 2022.
Return the completed application with requested documentation to:
Grayson Central Appraisal District
512 North Travis
Sheman, TX 75090
or E-mail to email@example.com
Qualified property includes:
- tangible personal property used for income production;
- improvements to real property; and
- certain manufactured homes.
The appraisal district determines if the property qualifies for the temporary exemption and assigns a damage assessment rating of Level I, II, III or IV. The appraisal district may rely on information from a county emergency management authority, the Federal Emergency Management Agency (FEMA) or other appropriate sources when making this determination
- Level I means “the property suffered minimal damage and may continue to be used as intended.”
- Level II “means that the property has suffered only nonstructural damage, including nonstructural damage to
the roof, walls, foundation, or mechanical components, and the waterline, if any, is less than 18 inches above
- Level III “means that the property has suffered significant structural damage requiring extensive repair due to
the failure or partial failure of structural elements, wall elements, or the foundation, or the waterline is at least
18 inches above the floor.”
- Level IV means “the property is a total loss . . . repair of the property is not feasible.”
||15% < 30%
||Minimal, may continue to be used as intended
||30% < 60%
||Nonstructural damage and waterline <18″ above floor if flooded.
||60% < 100%
||Significant structural damage and waterline 18″+ above floor if flooded
||Total loss; repair is not feasible
The damage assessment rating determines the percentage of the appraised value of the qualified property to be exempted. The amount of the exemption is determined by multiplying the property value after applying the damage assessment rating to a fraction (365 divided by the number of days remaining in the tax year after the date the governor declares the disaster).