§ 3.04.040. Exemption—Residence homestead.

A.

Effective January 1 of the next immediate calendar year following the effective date as set forth in Section 2 of Ord. No. 17877 [see editor's note at end of this section], forty thousand dollars of the market value of the residence homestead owned by any person, married or unmarried, including those living alone, who are under a disability for purposes of payment of disability insurance benefits under Federal Old Age Survivors and Disability Insurance or its successor, or of married or unmarried persons sixty-five years of age or older, including those living alone, during each tax year, as provided by state law, shall be exempt from all ad valorem taxes hereafter levied by the city for that year.

B.

An eligible disabled person who is sixty-five years of age or older may not receive both exemptions from the city in the same year, but may choose either.

C.

An exemption shall not, however, be effective in any year unless the owner of the homestead claims the exemption for that year by filing a rendition giving the description of the property, the owner's name, and the day and year of his birth, and stating that he is the owner of the property and it is his residence homestead. In addition, if the owner is claiming an exemption as an eligible disabled person, the owner shall attach to the rendition a written statement from the Social Security Administration indicating that the owner was under a disability for purposes of payment of disability insurance benefits under Federal Old Age Survivors and Disability Insurance or its successor as required by state law. The rendition shall be verified by the affidavit of the owner, or someone authorized by him and having personal knowledge of the facts. In case of doubt about any of the information so given the tax assessor or his deputy may make a reasonable requirement of supporting evidence.

(Ord. 16028 §§ 1, 2, 2005; prior code § 8-6)

(Ord. No. 17877, § 1, 9-18-2012)

Editor's note

Section 2 of Ordinance No. 17877 states that this ordinance shall be effective on the date that the El Paso City Council adopts an ad valorem tax rate that equals or exceeds $0.6900 of one percent of the assessed property value or January 1, 2015, whichever occurs first.