HB1223
Type: B Origin: House Comments: 0

Relating To The Limitation On Increases In The Appraised Value Of A Residence Homestead For Ad Valorem Taxation.

Latest Action: Filed

AI Summary
User Reviews

This bill aims to limit the increase in the appraised value of a residence homestead for ad valorem taxation. It proposes provisions to cap the annual increase in homestead property values for tax purposes, thereby preventing excessive tax burdens on homeowners due to rising property values. The main impact of this bill would be to provide property tax relief for homeowners by restricting how much their property taxes can increase annually based on the appraised value of their homestead.

Bill Activity

  • 2023-01-09: Filed

  • 2023-03-03: Read first time

  • 2023-03-03: Referred to Ways & Means

Overall Bill Rating

0.0
Text Versions (1)
Bill Discussion Board

Share your views on the Bill

User Icon

Min. 50 characters required  |  (0/1000 Character)

Contributions (0)
Add Contribution+2 pts.

Contribute Your Insights: Add a Unique Perspective to Political Bills. Your Contribution will be Featured Below the Primary Bill, Ordered by Date Added.