Bill Text: TX HB84 | 2023-2024 | 88th Legislature | Introduced
Bill Title: Relating to the appraisal of a residence homestead for ad valorem tax purposes.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2023-02-23 - Referred to Ways & Means [HB84 Detail]
Download: Texas-2023-HB84-Introduced.html
By: Bernal | H.B. No. 84 |
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relating to the appraisal of a residence homestead for ad valorem | ||
tax purposes. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Section 23.01, Tax Code, is amended by adding | ||
Subsection (i) to read as follows: | ||
(i) In determining the market value of a residence | ||
homestead, the chief appraiser shall only consider the value of | ||
other residence homesteads in the same neighborhood. Real property | ||
without an exemption under Section 11.13 shall not be considered by | ||
the chief appraiser when determining the market value of real | ||
property with an exemption under Section 11.13. | ||
SECTION 2. This Act applies only to ad valorem taxes imposed | ||
for a tax year beginning on or after the effective date of this Act. | ||
SECTION 3. This Act takes effect January 1, 2024. |