TX HB1519 | 2015-2016 | 84th Legislature

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 17 2015 - 25% progression, died in committee
Action: 2015-03-10 - Referred to Ways & Means
Pending: House Ways & Means Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Relating to an increase in the amount of the residence homestead exemption from ad valorem taxation by a school district and the increase of the exemption amount in subsequent years to reflect inflation, a reduction of the limitation on the total amount of ad valorem taxes that may be imposed by a school district on the homestead of a disabled or elderly person to reflect the increased exemption amounts, and the protection of school districts against the resulting loss in local revenue.

Tracking Information

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Title

Relating to an increase in the amount of the residence homestead exemption from ad valorem taxation by a school district and the increase of the exemption amount in subsequent years to reflect inflation, a reduction of the limitation on the total amount of ad valorem taxes that may be imposed by a school district on the homestead of a disabled or elderly person to reflect the increased exemption amounts, and the protection of school districts against the resulting loss in local revenue.

Sponsors


History

DateChamberAction
2015-03-10HouseReferred to Ways & Means
2015-03-10HouseRead first time
2015-02-17HouseFiled

Same As/Similar To

HJR18 (Enabling for) 2015-03-17 - Referred to Ways & Means

Subjects


Texas State Sources


Bill Comments

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