Last Action:
05/18/2007 S Not again placed on intent calendar
Council Document:
80R 1048 JD-D
Caption Version:
Senate Committee Report
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:
Hegar
Subjects:
Property Interests--Homestead (I0616)
Resolutions--Constitutional Amendments (I0661)
Taxation--Property-Appraisals & Appraisal Districts (I0792)
Taxation--Property-Tax Rate (I0794)
Companion:
HJR 40 by Hochberg, Very Similar
Enabling Information:
Enabling legislation is SB 391.
Senate Committee:
Senate Committee Status:
Out of committee
Senate Committee Vote:
Ayes=9 Nays=0 Present Not Voting=0 Absent=6