Last Action:
05/29/2007 E Filed with the Secretary of State
Council Document:
80R 2055 JD-D
Caption Version:
Enrolled
Caption Text:
Proposing a constitutional amendment authorizing the legislature to provide that the maximum appraised value of a residence homestead for ad valorem taxation is limited to the lesser of the most recent market value of the residence homestead as determined by the appraisal entity or 110 percent, or a greater percentage, of the appraised value of the residence homestead for the preceding tax year.
Author:
Hochberg | Crabb | Branch | England
Sponsor:
Subjects:
Property Interests--Homestead (I0616)
Resolutions--Constitutional Amendments (I0661)
Taxation--Property-Appraisals & Appraisal Districts (I0792)
Taxation--Property-Tax Rate (I0794)
Companion:
Enabling Information:
Enabling legislation is HB 438.
House Committee:
House Committee Status:
Out of committee
House Committee Vote:
Ayes=6 Nays=0 Present Not Voting=0 Absent=1
Senate Committee:
Senate Committee Status:
Out of committee
Senate Committee Vote:
Ayes=11 Nays=0 Present Not Voting=0 Absent=4