By Dukes H.B. No. 2978
77R7810 SMH-D
A BILL TO BE ENTITLED
1-1 AN ACT
1-2 relating to the criteria for designating a residence homestead as a
1-3 historic site for purposes of exemption from ad valorem taxation.
1-4 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-5 SECTION 1. Section 11.24, Tax Code, is amended to read as
1-6 follows:
1-7 Sec. 11.24. HISTORIC SITES. (a) The governing body of a
1-8 taxing unit by official action of the body adopted in the manner
1-9 required by law for official actions may exempt from taxation part
1-10 or all of the assessed value of a structure or archeological site
1-11 and the land necessary for access to and use of the structure or
1-12 archeological site, if the structure or archeological site is:
1-13 (1) designated as a Recorded Texas Historic Landmark
1-14 under Chapter 442, Government Code, or a state archeological
1-15 landmark under Chapter 191, Natural Resources Code, by the Texas
1-16 Historical Commission; or
1-17 (2) designated as a historically or archeologically
1-18 significant site in need of tax relief to encourage its
1-19 preservation pursuant to an ordinance or other law adopted by the
1-20 governing body of the unit.
1-21 (b) An ordinance or other law adopted by the governing body
1-22 of a taxing unit under Subsection (a)(2) may include as a criterion
1-23 for designating a residence homestead as a historically significant
1-24 site in need of tax relief to encourage its preservation that the
2-1 preceding owner of the homestead was related to the current owner
2-2 within the first degree by consanguinity.
2-3 SECTION 2. This Act takes effect January 1, 2002, and applies
2-4 only to ad valorem taxes imposed for a tax year beginning on or
2-5 after that date.