Last Action:
01/30/2017 S Referred to Finance
Council Document:
85R 3166 SMH-D
Caption Version:
Introduced
Caption Text:
Proposing a constitutional amendment authorizing the governing body of a political subdivision other than a school district to adopt an exemption from ad valorem taxation of a portion, expressed as a dollar amount, of the market value of an individual's residence homestead and authorizing the legislature to prohibit the governing body of a political subdivision that adopts such an exemption from reducing the amount of or repealing the exemption.
Author:
Watson
Subjects:
Property Interests--Homestead (I0616)
Resolutions--Constitutional Amendments (I0661)
Taxation--Property-Appraisals & Appraisal Districts (I0792)
Taxation--Property-Exemptions (I0793)
Enabling Information:
Enabling legislation is SB 418.
Senate Committee:
Senate Committee Status:
In committee
