Texas Property Tax Consultant Practice Exam

Which entity states requirements for property exemptions in Texas?

1. The Texas State Legislature

2. The Texas State Comptroller

3. The Texas Property Tax Code

4. The Texas Department of Revenue

The correct answer is: The Texas Property Tax Code

The correct answer is rooted in the fact that the Texas Property Tax Code explicitly outlines the requirements for property exemptions within the state. This code serves as a comprehensive legal framework that governs property taxes in Texas and includes detailed provisions about various types of exemptions available to property owners, such as homestead exemptions, exemptions for disabled individuals, and those for veterans. The Texas State Legislature is responsible for enacting laws, including those pertaining to property taxes, but the actual specifications about exemptions are consolidated within the Property Tax Code itself. Similarly, while the Texas State Comptroller plays a role in overseeing property tax collection and administration, it is the Property Tax Code that contains the definitive rules regarding property exemptions. The Texas Department of Revenue does not have jurisdiction over property tax matters in Texas, as that area falls under the purview of the Comptroller’s office. Hence, focusing on the Texas Property Tax Code provides the most accurate source for understanding the various requirements and regulations related to property exemptions in the state.