Bill
Bill > SB1
TX SB1
TX SB1Relating to an increase in the amount of the exemption of residence homesteads from ad valorem taxation by a school district and the protection of school districts against the resulting loss in local revenue.
summary
Introduced
09/20/2021
09/20/2021
In Committee
10/12/2021
10/12/2021
Crossed Over
09/22/2021
09/22/2021
Passed
10/19/2021
10/19/2021
Dead
Signed/Enacted/Adopted
10/25/2021
10/25/2021
Introduced Session
87th Legislature 3rd Special Session
Bill Summary
Relating to the provision of direct relief from ad valorem taxes to certain property owners in this state through the distribution of certain federal economic assistance money received by the state and a study of the provision of additional ad valorem tax relief; making an appropriation.
AI Summary
This bill proposes to increase the amount of the exemption of residence homesteads from ad valorem (property) taxation by a school district from $25,000 to $40,000. It also provides for additional state aid to school districts to protect them against the resulting loss in local revenue, both for the 2015-2016 school year through the 2021-2022 school year, as well as beginning in the 2022-2023 school year in the event of any further increases in the residence homestead exemption. The bill also allows the Comptroller of Public Accounts to adopt rules to implement and administer these changes.
Committee Categories
Budget and Finance
Sponsors (77)
Paul Bettencourt (R)*,
Greg Bonnen (R)*,
Angie Button (R)*,
Will Metcalf (R)*,
Morgan Meyer (R)*,
Mayes Middleton (R)*,
Doc Anderson (R),
Trent Ashby (R),
Keith Bell (R),
Kyle Biedermann (R),
Dawn Buckingham (R),
Brad Buckley (R),
Dustin Burrows (R),
Donna Campbell (R),
Giovanni Capriglione (R),
David Cook (R),
Brandon Creighton (R),
John Cyrier (R),
Drew Darby (R),
Yvonne Davis (D),
Jay Dean (R),
Charlie Geren (R),
Barbara Gervin-Hawkins (D),
Craig Goldman (R),
Ryan Guillen (R),
Bob Hall (R),
Cody Harris (R),
Cole Hefner (R),
Chuy Hinojosa (D),
Justin Holland (R),
Bryan Hughes (R),
Lacey Hull (R),
Julie Johnson (D),
Kyle Kacal (R),
Phil King (R),
Stephanie Klick (R),
Lois Kolkhorst (R),
Matt Krause (R),
Brooks Landgraf (R),
Jeff Leach (R),
Ben Leman (R),
J.M. Lozano (R),
Eddie Lucio (D),
Ina Minjarez (D),
Eddie Morales (D),
Geanie Morrison (R),
Jim Murphy (R),
Candy Noble (R),
Tom Oliverson (R),
Tan Parker (R),
Jared Patterson (R),
Dennis Paul (R),
Angela Paxton (R),
Mary Ann Perez (D),
Charles Perry (R),
John Raney (R),
Richard Raymond (D),
Glenn Rogers (R),
Mike Schofield (R),
Charles Schwertner (R),
Matt Shaheen (R),
Hugh Shine (R),
Bryan Slaton (R),
Shelby Slawson (R),
Reggie Smith (R),
David Spiller (R),
Drew Springer (R),
Phil Stephenson (R),
Lynn Stucky (R),
Ed Thompson (R),
Senfronia Thompson (D),
Steve Toth (R),
Gary VanDeaver (R),
Royce West (D),
James White (R),
Terry Wilson (R),
Judith Zaffirini (D),
Last Action
See remarks for effective date (on 10/25/2021)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
Loading...