HB 361
AN ACT relating to the appraisal of a residence homestead for ad valorem
House Bill
89th Regular Session
Jan 14, 2025 - Jun 2, 2025 • Session ended
Awaiting Committee Assignment
Bill filed, pending referral to House committee
Committee
Not yet assigned
Fiscal Note
Not available
What This Bill Does
relating to the appraisal of a residence homestead for ad valorem
Subject Areas
Bill Text
relating to the appraisal of a residence homestead for ad valorem 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, 2026.
Bill History
filed
Bill filed: AN ACT relating to the appraisal of a residence homestead for ad valorem
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