Last Action:
03/01/2021 H Referred to Ways & Means: Mar 1 2021 5:05PM
Council Document:
87R 925 SMH-D
Caption Version:
Introduced
Caption Text:
Proposing a constitutional amendment authorizing the legislature to provide that the appraised value of a residence homestead for ad valorem tax purposes is the market value of the property for the first year that the owner qualified the property for a homestead exemption or, if the owner purchased the property, the purchase price of the property.
Author:
Toth
Subjects:
Property Interests--Homestead (I0616)
Resolutions--Constitutional Amendments (I0661)
Taxation--Property-Appraisals & Appraisal Districts (I0792)
Taxation--Property-Exemptions (I0793)
Enabling Information:
Enabling legislation is HB 96.
House Committee:
House Committee Status:
In committee
