Enrolled Bill Summary

Senate Bill 812	Senate Author:  Lucio et al.
Effective:  5-7-19	House Sponsor:  Thompson, Senfronia et al.

            Senate Bill 812 amends the Tax Code to revise the definition of "disaster recovery program" as that definition relates to federal funding for such recovery and the limitation on the appraised value of a residence homestead for property tax purposes provided for an improvement to the homestead that is a replacement structure for a structure that was rendered uninhabitable or unusable by a casualty or by wind or water damage. The bill provides for the correction or supplementation, as appropriate, of the appraisal records to correct the appraised value of each replacement structure that has been constructed since January 1, 2018, under such a disaster recovery program administered by a political subdivision for the current tax year, if necessary, and for the refunding of any taxes paid in excess of the corrected amount due. The bill applies only to the appraisal of a residence homestead for property tax purposes for a tax year that begins on or after January 1, 2019.