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Bill > HB383


TX HB383

TX HB383
Relating to the limitation on increases in the appraised value of a residence homestead for ad valorem taxation.


summary

Introduced
11/16/2018
In Committee
02/19/2019
Crossed Over
Passed
Dead
05/27/2019

Introduced Session

86th Legislature Regular Session

Bill Summary

Relating to the limitation on increases in the appraised value of a residence homestead for ad valorem taxation.

AI Summary

This bill amends the Tax Code to limit the annual increase in the appraised value of a residence homestead for ad valorem (property) taxation to 5% instead of the current 10% limit. The bill applies only to tax years beginning on or after January 1, 2020, and is contingent on the approval of a related constitutional amendment by Texas voters.

Committee Categories

Budget and Finance

Sponsors (2)

Last Action

Left pending in committee (on 05/01/2019)

bill text


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