Gill, Denson & Company Launches Property Tax Relief Program for Flood Victims

At Gill, Denson & Company, we’ve always believed in doing what’s right for our community. The recent floods across Central Texas have caused heartbreaking damage to homes, businesses, and properties—and we know many of our neighbors are facing enormous challenges. As part of our commitment to stand with those affected, we’re offering free disaster exemption preparation and filing services to help property owners reduce their property tax burden following flood damage.

What Is the Texas Disaster Exemption?

The Texas Property Tax Code offers a special exemption for properties that are at least 15% damaged by a declared disaster. The Temporary Exemption for Qualified Property Damaged by Disaster can result in a significant reduction in property taxes for the year the damage occurred.

Key details include:

• Eligibility: The property must be located in an area declared a disaster by the governor and have sustained at least 15% physical damage.
• Savings: The amount of the exemption is based on the level of damage, ranging from 15% to 100% of the property’s improvement value (all structures excluding land).
• Deadline: Property owners or their property tax agent must file the exemption form (Form 50-312) within 105 days (October 17, 2025) of the governor’s disaster declaration.

For those already dealing with insurance claims, repairs, and recovery, navigating property tax paperwork shouldn’t add to the burden. That’s where we step in.

Free Help for Those in Need

We are offering free disaster exemption filing to anyone impacted by the recent Central Texas floods.

We want to help you receive the tax relief you deserve—without adding financial strain during an already difficult time.

Why We’re Doing This

We know the road to recovery isn’t easy. This is our way of giving back to a community that’s trusted us with something as important as protecting their property rights. Our hearts are with every family impacted by the floods, and we hope this small gesture can help lighten the load.

If you or someone you know has been affected, please reach out. We’re here to help.

Let us help you recover. Learn more and sign up at Disaster Support Program.