Relating to the procedure for claiming an exemption from ad valorem taxation by the Dallas County Utility and Reclamation District of certain property subject to a tax abatement agreement with the district and to the validation of certain actions of the district.
Impact
By amending existing statutes related to taxation and property assessment, HB 1186 seeks to clarify the powers and procedures of the Dallas County Utility and Reclamation District. The validation of prior governmental actions also ensures continuity and legal clarity for actions taken by the district before the enactment of the bill. This change is expected to enable a more efficient handling of tax exemptions, which may positively impact property owners seeking financial relief under tax abatement agreements.
Summary
House Bill 1186 relates to the procedure for claiming an exemption from ad valorem taxation by the Dallas County Utility and Reclamation District for properties covered by tax abatement agreements. The bill allows the tax assessor-collector for the district or a designated person to apply for property tax exemptions on behalf of property owners, specifically concerning single-family residential properties. This legislative measure is intended to streamline the process and ensure that eligible properties receive the appropriate exemption without undue burden on the owners.
Sentiment
The general sentiment surrounding HB 1186 appears to be supportive among stakeholders who benefit from tax abatements, particularly those in the Dallas County region. Advocates for the bill have emphasized the importance of simplifying tax exemption processes to encourage home ownership and investment in the area. However, there may also be some concerns regarding the implications of tax abatement agreements on overall local funding and resource allocation, which could spark debate among local government officials and taxpayers.
Contention
Notable points of contention may arise from the implications of the validation of previous actions taken by the district. While supporters view the bill as a necessary measure to ensure compliance and improve efficiency, there may be scrutiny regarding past decisions that could affect current taxation and funding dynamics within the county. This raises questions about transparency and accountability in how tax abatement agreements are handled and whether they adequately serve the wider community interests.
Duplicate
Relating to the procedure for claiming an exemption from ad valorem taxation by the Dallas County Utility and Reclamation District of certain property subject to a tax abatement agreement with the district and to the validation of certain actions of the district.
Relating to the duty of a school district to enter into an ad valorem tax abatement agreement under the Property Redevelopment and Tax Abatement Act for certain property.
Relating to a reduction in the maximum compressed tax rate of a school district and additional state aid for certain school districts impacted by compression, an increase in the amount of certain exemptions from ad valorem taxation by a school district applicable to residence homesteads, an adjustment in the amount of the limitation on school district ad valorem taxes imposed on the residence homesteads of the elderly or disabled to reflect increases in the exemption amounts, and the protection of school districts against the resulting loss in local revenue.
Relating to an increase in the amount of the exemption of residence homesteads from ad valorem taxation by a school district, an adjustment in the amount of the limitation on school district ad valorem taxes imposed on the residence homesteads of the elderly or disabled to reflect increases in the exemption amount, and the protection of school districts against the resulting loss in local revenue.
Relating to an increase in the amount of the exemption of residence homesteads from ad valorem taxation by a school district, an adjustment in the amount of the limitation on school district ad valorem taxes imposed on the residence homesteads of the elderly or disabled to reflect increases in the exemption amount, and the protection of school districts against the resulting loss in local revenue.
Relating to an increase in the amount of the exemption of residence homesteads from ad valorem taxation by a school district, an adjustment in the amount of the limitation on school district ad valorem taxes imposed on the residence homesteads of the elderly or disabled to reflect increases in the exemption amount, and the protection of school districts against the resulting loss in local revenue.
Relating to an increase in the amount of the exemption of residence homesteads from ad valorem taxation by a school district, an adjustment in the amount of the limitation on school district ad valorem taxes imposed on the residence homesteads of the elderly or disabled to reflect increases in the exemption amount, and the protection of school districts against the resulting loss in local revenue.
Relating to the powers, authorities, duties, and responsibilities of certain conservation and reclamation districts and to notice a person who proposes to sell or convey real property located in any of certain conservation and reclamation districts must provide to a prospective purchaser of that property.