Bill Text: TX HB2054 | 2023-2024 | 88th Legislature | Introduced
Bill Title: Relating to the authority of the commissioners court of a county to adopt an exemption from ad valorem taxation by the county of a portion, expressed as a dollar amount, of the appraised value of an individual's residence homestead.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2023-03-08 - Referred to Ways & Means [HB2054 Detail]
Download: Texas-2023-HB2054-Introduced.html
88R9789 DRS-D | ||
By: Jones of Dallas | H.B. No. 2054 |
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relating to the authority of the commissioners court of a county to | ||
adopt an exemption from ad valorem taxation by the county of a | ||
portion, expressed as a dollar amount, of the appraised value of an | ||
individual's residence homestead. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Section 11.13, Tax Code, is amended by amending | ||
Subsection (i) and adding Subsection (s) to read as follows: | ||
(i) The assessor and collector for a taxing unit may | ||
disregard the exemptions authorized by Subsection (b), (c), (d), | ||
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pledged for payment of debt without deducting the amount of the | ||
exemption if: | ||
(1) prior to adoption of the exemption, the taxing | ||
unit pledged the taxes for the payment of a debt; and | ||
(2) granting the exemption would impair the obligation | ||
of the contract creating the debt. | ||
(s) In addition to any other exemptions provided by this | ||
section, an individual is entitled to an exemption from taxation by | ||
a county of a portion, expressed as a dollar amount, of the | ||
appraised value of the individual's residence homestead if the | ||
exemption is adopted by the commissioners court of the county | ||
before July 1 in the manner provided by law for official action by | ||
the commissioners court. The amount of the exemption may not exceed | ||
$100,000. | ||
SECTION 2. Section 25.23(a), Tax Code, is amended to read as | ||
follows: | ||
(a) After submission of appraisal records, the chief | ||
appraiser shall prepare supplemental appraisal records listing: | ||
(1) each taxable property the chief appraiser | ||
discovers that is not included in the records already submitted, | ||
including property that was omitted from an appraisal roll in a | ||
prior tax year; | ||
(2) property on which the appraisal review board has | ||
not determined a protest at the time of its approval of the | ||
appraisal records; and | ||
(3) property that qualifies for an exemption under | ||
Section 11.13(n) or (s) that was adopted by the governing body of a | ||
taxing unit after the date the appraisal records were submitted. | ||
SECTION 3. This Act applies only to ad valorem taxes imposed | ||
for a tax year that begins on or after the effective date of this | ||
Act. | ||
SECTION 4. This Act takes effect January 1, 2024, but only | ||
if the constitutional amendment proposed by the 88th Legislature, | ||
Regular Session, 2023, authorizing the commissioners court of a | ||
county to adopt an exemption from ad valorem taxation by the county | ||
of a portion, expressed as a dollar amount, of the appraised value | ||
of an individual's residence homestead is approved by the voters. | ||
If that amendment is not approved by the voters, this Act has no | ||
effect. |