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A BILL TO BE ENTITLED
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AN ACT
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relating to the calculation of the limitation on the total amount of |
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ad valorem taxes imposed by a school district on the residence |
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homestead of an individual who is elderly or disabled. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 11.26, Tax Code, is amended by adding |
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Subsection (a-11) to read as follows: |
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(a-11) In the tax year immediately following the first tax |
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year the individual qualified a residence homestead for an |
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exemption after the beginning of that first year and the residence |
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homestead remains eligible for the same exemption, the limitation |
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on tax increases provided by this section is the lessor of the |
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amount of tax imposed by the district on that homestead in the |
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preceding tax year adjusted as provided for in subsection (a-10) or |
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the amount of ad valorem taxes imposed on the homestead in the tax |
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year immediately following the first year of qualification of a |
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homestead. |
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SECTION 2. The change in law made by this Act is intended |
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only to clarify existing law with respect to school district tax |
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limitations. |
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SECTION 3. This Act takes effect January 1, 2026. |