86R9192 TJB-D
 
  By: Alvarado S.B. No. 492
 
 
 
A BILL TO BE ENTITLED
 
AN ACT
  relating to the application of the limit on appraised value of a
  residence homestead for ad valorem tax purposes to an improvement
  that is a replacement structure for a structure that was rendered
  uninhabitable or unusable by a casualty or by wind or water damage.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Section 23.23(g), Tax Code, is amended to read as
  follows:
         (g)  In this subsection, "disaster recovery program" means a
  [the] disaster recovery program [administered by the General Land
  Office that is] funded with community development block grant
  disaster recovery money authorized by federal law [the Consolidated
  Security, Disaster Assistance, and Continuing Appropriations Act,
  2009 (Pub. L. No.   110-329) and the Consolidated and Further
  Continuing Appropriations Act, 2012 (Pub. L. No.   112-55)].
  Notwithstanding Subsection (f)(2), and only to the extent necessary
  to satisfy the requirements of a [the] disaster recovery program, a
  replacement structure described by that subdivision is not
  considered to be a new improvement if to satisfy the requirements of
  the disaster recovery program it was necessary that:
               (1)  the square footage of the replacement structure
  exceed that of the replaced structure as that structure existed
  before the casualty or damage occurred; or
               (2)  the exterior of the replacement structure be of
  higher quality construction and composition than that of the
  replaced structure.
         SECTION 2.  This Act applies only to the appraisal of a
  residence homestead for ad valorem tax purposes for a tax year that
  begins on or after the effective date of this Act.
         SECTION 3.  This Act takes effect January 1, 2020.