Last Action:
04/23/2007 S Left pending in committee
Council Document:
80R 6019 JD-D
Caption Version:
Introduced
Caption Text:
Proposing a constitutional amendment to authorize the legislature to limit the maximum average annual increase in the appraised value of residence homesteads for ad valorem tax purposes to five percent or less and to permit the voters of a county to establish a higher limitation not to exceed 10 percent on increases for residence homesteads in the county.
Author:
Nichols
Subjects:
Property Interests--Homestead (I0616)
Resolutions--Constitutional Amendments (I0661)
Taxation--Property-Appraisals & Appraisal Districts (I0792)
Taxation--Property-Tax Rate (I0794)
Enabling Information:
Enabling legislation is SB 575.
Senate Committee:
Senate Committee Status:
In committee