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A BILL TO BE ENTITLED
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AN ACT
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relating to an exemption from ad valorem taxation by a taxing unit |
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other than a school district of a portion of the appraised value of |
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a residence homestead based on the average appraised value in the |
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preceding tax year of all qualified residence homesteads located in |
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the same county. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 11.13, Tax Code, is amended by adding |
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Subsection (s) to read as follows: |
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(s) In addition to any other exemptions provided by this |
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section, an individual is entitled to an exemption from taxation by |
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a taxing unit other than a school district of a portion of the |
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appraised value of the individual's residence homestead in an |
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amount equal to 5 percent, or a greater percentage not to exceed 25 |
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percent specified by the governing body of the taxing unit before |
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July 1 in the manner provided by law for official action by the |
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body, of the average appraised value in the preceding tax year of |
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all residence homesteads that are located in the same county as the |
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individual's homestead and that qualify for an exemption under this |
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section. |
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SECTION 2. Section 25.19(b), Tax Code, is amended to read as |
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follows: |
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(b) The chief appraiser shall separate real from personal |
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property and include in the notice for each: |
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(1) a list of the taxing units in which the property is |
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taxable; |
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(2) the appraised value of the property in the |
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preceding year; |
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(3) the taxable value of the property in the preceding |
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year for each taxing unit taxing the property; |
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(4) the appraised value of the property for the |
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current year, the kind and amount of each exemption and partial |
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exemption, if any, approved for the property for the current year |
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and for the preceding year, including an estimate for each taxing |
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unit other than a school district of the amount of the exemption |
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under Section 11.13(s), if applicable, approved for the property |
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for the current year, and, if an exemption or partial exemption that |
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was approved for the preceding year was canceled or reduced for the |
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current year, the amount of the exemption or partial exemption |
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canceled or reduced; |
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(5) in italic typeface, the following statement: "The |
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Texas Legislature does not set the amount of your local taxes. Your |
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property tax burden is decided by your locally elected officials, |
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and all inquiries concerning your taxes should be directed to those |
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officials."; |
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(6) a detailed explanation of the time and procedure |
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for protesting the value; |
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(7) the date and place the appraisal review board will |
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begin hearing protests; |
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(8) an explanation of the availability and purpose of |
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an informal conference with the appraisal office before a hearing |
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on a protest; and |
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(9) a brief explanation that the governing body of |
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each taxing unit decides whether [or not] taxes on the property will |
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increase and that the appraisal district only determines the value |
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of the property. |
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SECTION 3. This Act applies only to ad valorem taxes imposed |
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for a tax year beginning on or after the effective date of this Act. |
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SECTION 4. This Act takes effect January 1, 2024, but only |
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if the constitutional amendment proposed by the 88th Legislature, |
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Regular Session, 2023, authorizing the legislature to provide for |
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an exemption from ad valorem taxation by a political subdivision |
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other than a school district of a portion of the assessed value of a |
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residence homestead based on the average assessed value in the |
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preceding tax year of all qualified residence homesteads that are |
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located in the same county as the homestead is approved by the |
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voters. If that amendment is not approved by the voters, this Act |
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has no effect. |