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A BILL TO BE ENTITLED
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AN ACT
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relating to the authority of the commissioners court of a county to |
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adopt an exemption from ad valorem taxation by the county of a |
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portion, expressed as a dollar amount, of the appraised value of an |
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individual's residence homestead. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 11.13, Tax Code, is amended by amending |
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Subsection (i) and adding Subsection (s) to read as follows: |
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(i) The assessor and collector for a taxing unit may |
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disregard the exemptions authorized by Subsection (b), (c), (d), |
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[or] (n), or (s) [of this section] and assess and collect a tax |
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pledged for payment of debt without deducting the amount of the |
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exemption if: |
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(1) prior to adoption of the exemption, the taxing |
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unit pledged the taxes for the payment of a debt; and |
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(2) granting the exemption would impair the obligation |
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of the contract creating the debt. |
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(s) In addition to any other exemptions provided by this |
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section, an individual is entitled to an exemption from taxation by |
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a county of a portion, expressed as a dollar amount, of the |
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appraised value of the individual's residence homestead if the |
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exemption is adopted by the commissioners court of the county |
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before July 1 in the manner provided by law for official action by |
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the commissioners court. The amount of the exemption may not exceed |
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$100,000. |
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SECTION 2. Section 25.23(a), Tax Code, is amended to read as |
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follows: |
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(a) After submission of appraisal records, the chief |
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appraiser shall prepare supplemental appraisal records listing: |
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(1) each taxable property the chief appraiser |
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discovers that is not included in the records already submitted, |
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including property that was omitted from an appraisal roll in a |
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prior tax year; |
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(2) property on which the appraisal review board has |
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not determined a protest at the time of its approval of the |
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appraisal records; and |
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(3) property that qualifies for an exemption under |
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Section 11.13(n) or (s) that was adopted by the governing body of a |
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taxing unit after the date the appraisal records were submitted. |
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SECTION 3. This Act applies only to ad valorem taxes imposed |
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for a tax year that begins on or after the effective date of this |
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Act. |
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SECTION 4. This Act takes effect January 1, 2024, but only |
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if the constitutional amendment proposed by the 88th Legislature, |
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Regular Session, 2023, authorizing the commissioners court of a |
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county to adopt an exemption from ad valorem taxation by the county |
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of a portion, expressed as a dollar amount, of the appraised value |
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of an individual's residence homestead is approved by the voters. |
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If that amendment is not approved by the voters, this Act has no |
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effect. |