Bill Text: TX HB5157 | 2023-2024 | 88th Legislature | Introduced

Texas House Bill 5157

Introduced

Bill Title: Relating to the amount of the exemption from ad valorem taxation by a school district of the appraised value of the residence homestead of a person who is elderly or disabled.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2023-03-24 - Referred to Ways & Means [HB5157 Detail]

Download: Texas-2023-HB5157-Introduced.html

	88R13112 SHH-D

	By: Jones of Harris	H.B. No. 5157



	A BILL TO BE ENTITLED
	AN ACT
	relating to the amount of the exemption from ad valorem taxation by
	a school district of the appraised value of the residence homestead
	of a person who is elderly or disabled.
	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
	SECTION 1. Section 11.13(c), Tax Code, is amended to read
	as follows:
	(c) In addition to the exemption provided by Subsection (b)
	[~~of this section~~], an adult who is disabled or is 65 or older is
	entitled to an exemption from taxation by a school district of
	$560,000 [~~$10,000~~] of the appraised value of the person's [~~his~~]
	residence homestead.
	SECTION 2. This Act takes effect January 1, 2024, but only
	if the constitutional amendment proposed by the 88th Legislature,
	Regular Session, 2023, authorizing the legislature to increase the
	amount of the exemption from ad valorem taxation by a school
	district of the market value of the residence homestead of a person
	who is elderly or disabled is approved by the voters. If that
	proposed constitutional amendment is not approved by the voters,
	this Act has no effect.