TX HB288 | 2017 | 85th Legislature 1st Special Session

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on July 24 2017 - 25% progression, died in committee
Action: 2017-07-25 - Referred to Ways & Means
Pending: House Ways & Means Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Relating to an exemption from ad valorem taxation by a school district of a portion of the appraised value of a residence homestead based on the median market value of all residence homesteads in this state, 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 an elderly or disabled person to reflect any increase in the exemption amount, and the protection of school districts against any resulting loss in local revenue.

Tracking Information

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Title

Relating to an exemption from ad valorem taxation by a school district of a portion of the appraised value of a residence homestead based on the median market value of all residence homesteads in this state, 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 an elderly or disabled person to reflect any increase in the exemption amount, and the protection of school districts against any resulting loss in local revenue.

Sponsors


History

DateChamberAction
2017-07-25HouseReferred to Ways & Means
2017-07-25HouseRead first time
2017-07-24HouseFiled

Same As/Similar To

HJR42 (Enabling for) 2017-07-25 - Referred to Ways & Means

Subjects


Texas State Sources


Bill Comments

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