Last Action:
07/25/2017 H Referred to Ways & Means: Jul 25 2017 10:09AM
Council Document:
85S1 598 SMH/CAE-D
Caption Version:
Introduced
Caption Text:
Relating to an exemption from ad valorem taxation by a school district of a portion of the appraised value of a residence homestead based on the median market value of all residence homesteads in this state, a reduction of the limitation on the total amount of ad valorem taxes that may be imposed by a school district on the homestead of an elderly or disabled person to reflect any increase in the exemption amount, and the protection of school districts against any resulting loss in local revenue.
Author:
White
Subjects:
Education--Primary & Secondary--Finance (I0250)
Property Interests--Homestead (I0616)
Taxation--Property-Appraisals & Appraisal Districts (I0792)
Taxation--Property-Exemptions (I0793)
Taxation--School District (I0785)
LEGISLATIVE BUDGET BOARD (V0161)
Enabling Information:
Enabling legislation for HJR 42.
House Committee:
House Committee Status:
In committee
