|
House Joint Resolution 40 |
House Author: Hochberg et al. |
|
For Election: 11-6-07 |
Senate Sponsor: Hegar |
House Joint Resolution 40 proposes an amendment to the state constitution to authorize the legislature to limit the maximum appraised value of a residence homestead for property taxes to the lesser of the most recent market value of the homestead as determined by the appraisal entity or 110 percent, or a greater percentage, of the appraised value of the homestead for the preceding tax year.