Last Action:
03/13/2009 S Referred to Finance
Council Document:
81R 1819 JD-D
Caption Version:
Introduced
Caption Text:
Proposing a constitutional amendment to authorize the legislature to limit the maximum appraised value of a residence homestead for ad valorem tax purposes to 105 percent or less of the appraised value of the property for the preceding tax year and to permit the voters of a county to establish a higher limitation not to exceed 110 percent on the maximum appraised value of a residence homestead in the county.
Author:
Nichols
Subjects:
Property Interests--Homestead (I0616)
Resolutions--Constitutional Amendments (I0661)
Taxation--Property-Appraisals & Appraisal Districts (I0792)
Taxation--Property-Miscellaneous (I0797)
Taxation--Property-Tax Rate (I0794)
Enabling Information:
Enabling legislation is SB 218.
Senate Committee:
Senate Committee Status:
In committee
