Last Action:
03/14/2019 S Referred to Property Tax
Caption Version:
Introduced
Caption Text:
Relating to an increase in the amount of the residence homestead exemption from ad valorem taxation by a school district and the increase of the exemption amount in subsequent years to reflect inflation in homestead values, 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 a disabled or elderly person to reflect the increased exemption amounts, and the protection of school districts against the resulting loss in local revenue.
Author:
Menéndez | Johnson
Coauthor:
Rodríguez | West
Subjects:
Aging (I0015)
Disabilities, Persons with (I0380)
Education--Primary & Secondary--Finance (I0250)
Property Interests--Homestead (I0616)
State Finances--Management & Control (I0748)
Taxation--Property-Exemptions (I0793)
Taxation--Property-Tax Rate (I0794)
Taxation--School District (I0785)
COMPTROLLER OF PUBLIC ACCOUNTS (V2608)
EDUCATION, COMMISSIONER OF (V9954)
Enabling Information:
Enabling legislation for SJR 50.
Senate Committee:
Senate Committee Status:
In committee
