88R888 TJB-D
 
  By: Miles S.B. No. 639
 
 
 
A BILL TO BE ENTITLED
 
AN ACT
  relating to the continuation of a limitation on increases in the
  appraised value of a residence homestead for ad valorem tax
  purposes if the property is acquired by and qualifies as the
  homestead of an heir of the owner or the owner's spouse or surviving
  spouse.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Section 23.23, Tax Code, is amended by amending
  Subsection (c) and adding Subsection (c-2) to read as follows:
         (c)  The limitation provided by Subsection (a) takes effect
  as to a residence homestead on January 1 of the tax year following
  the first tax year the owner qualifies the property for an exemption
  under Section 11.13. [The limitation expires on January 1 of the
  first tax year that neither the owner of the property when the
  limitation took effect nor the owner's spouse or surviving spouse
  qualifies for an exemption under Section 11.13.]
         (c-2)  The limitation provided by Subsection (a) expires as
  to a residence homestead on January 1 of the first tax year that
  none of the following individuals qualify for an exemption under
  Section 11.13 with respect to the property:
               (1)  the owner of the property when the limitation took
  effect;
               (2)  the owner's spouse or surviving spouse; or
               (3)  the first heir property owner to acquire the
  property as heir property from an individual described by
  Subdivision (1) or (2).
         SECTION 2.  This Act applies only to the appraisal for ad
  valorem tax purposes of residence homesteads for a tax year that
  begins on or after the effective date of this Act.
         SECTION 3.  This Act takes effect January 1, 2024, but only
  if the constitutional amendment proposed by the 88th Legislature,
  Regular Session, 2023, to authorize the legislature to provide for
  the continuation of a limitation on the maximum appraised value of a
  residence homestead for ad valorem tax purposes if the property is
  acquired by and qualifies as the homestead of an heir of the owner
  or the owner's spouse or surviving spouse is approved by the voters.
  If that amendment is not approved by the voters, this Act has no
  effect.