Last Action:
02/13/2013 S Referred to s/c on Fiscal Matters by Chair
Council Document:
83R 1297 SMH-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)
Enabling Information:
Enabling legislation is SB 95.
Senate Committee:
Senate Committee Status:
In committee
