TX
Texas Senate Bill SB23

Texas 2025 - 89th Regular

Texas Senate Bill SB23

Voted on by Senate
 
Out of House Committee
 
Voted on by House
 
Governor Action
 
Bill Becomes Law
 

Caption

Relating to an increase in 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 and the protection of school districts against certain losses in local revenue.

Impact

If enacted, SB23 would amend existing sections of the Texas Tax Code and the Education Code, thereby affecting the calculation of property taxes for eligible home owners. The adjustments would potentially lead to lower property tax bills for those qualifying as elderly or disabled, positively impacting their financial circumstances. Moreover, the provisions relating to additional state aid imply that any negative economic impact on local school districts would be mitigated, bolstering overall educational funding stability.

Summary

Senate Bill 23 (SB23) proposes a significant increase in the exemption from ad valorem taxation for residence homesteads owned by persons who are elderly or disabled. Specifically, the bill aims to enhance the existing exemption from $10,000 to $60,000, thereby providing greater financial relief to these vulnerable populations. The bill introduces provisions that would also ensure school districts receive additional state aid to offset any losses in local revenue incurred due to this exemption adjustment, which is particularly pertinent given the financial implications for education funding at the local level.

Contention

While the bill has been framed as a means of providing essential support to elderly and disabled individuals, it is not without contention. Critics may argue about the potential long-term impacts on school funding and local tax revenues. Concerns have been raised regarding whether reliance on state aid could adequately compensate for the losses in local funding, especially in economically distressed areas. Thus, as this bill advances, ongoing debates are likely to focus on balancing support for vulnerable citizens with ensuring robust and reliable funding for public education.

Texas Constitutional Statutes Affected

Tax Code

  • Chapter 11. Taxable Property And Exemptions
    • Section: 13
  • Chapter 26. Assessment
    • Section: 04
    • Section: 08
    • Section: 09
    • Section: 15
  • Chapter 31. Collections
    • Section: 01

Education Code

  • Chapter 46. Assistance With Instructional Facilities And Payment Of Existing Debt
    • Section: 071
  • Chapter 49. Options For Local Revenue Levels In Excess Of Entitlement
    • Section: New Section

Latest SB23 Activity

Companion Bills

No companion bills found.

Similar Bills

TX SB1

Relating to certain restrictions on the imposition of ad valorem taxes and to the duty of the state to reimburse certain political subdivisions for certain revenue loss; making conforming changes.

TX SB1328

Relating to an increase in the amount of the residence homestead exemption from ad valorem taxation by a school district and the increase of the exemption amount in subsequent years to reflect inflation in homestead values, 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 a disabled or elderly person to reflect the increased exemption amounts, and the protection of school districts against the resulting loss in local revenue.

TX SB1391

Relating to an increase in the amount of the residence homestead exemption from ad valorem taxation by a school district and the increase of the exemption amount in subsequent years to reflect inflation in homestead values, 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 a disabled or elderly person to reflect the increased exemption amounts, and the protection of school districts against the resulting loss in local revenue.

TX HB3570

Relating to an exemption from ad valorem taxation by a school district of a percentage, rather than a dollar amount, of the appraised value of a residence homestead, 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 the resulting loss in local revenue.

TX HB56

Relating to increasing the amount of the residence homestead exemption from ad valorem taxation by a school district from $15,000 to $45,000, providing for 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 the increased exemption amount, and protecting school districts against the resulting loss in local revenue.

TX HB732

Relating to increasing the amount of the residence homestead exemption from ad valorem taxation by a school district from $15,000 to $30,000, providing for 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 the increased exemption amount, and protecting school districts against the resulting loss in local revenue.

TX HB52

Relating to increasing the amount of the residence homestead exemption from ad valorem taxation by a school district from $15,000 to $45,000, providing for 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 the increased exemption amount, and protecting school districts against the resulting loss in local revenue.

TX HB982

Relating to an increase in the amount of the residence homestead exemption from ad valorem taxation by a school district, 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 the increased exemption amount, and the protection of school districts against the resulting loss in local revenue.