TX
Texas House Bill HB1102

Texas 2019 - 86th Regular

Texas House Bill HB1102

Caption

Relating to a limitation on the total amount of ad valorem taxes that a school district may impose on certain residence homesteads following a substantial school tax increase.

Impact

By enacting HB1102, existing regulations regarding property taxation in Texas will be amended to afford more protection for long-term homeowners against substantial tax increases. If schools are required to increase taxes significantly, this bill ensures those increases do not apply indefinitely, thus helping to stabilize tax responsibilities for qualifying properties. This could have broader implications for school funding as districts might have to adjust their budgets or funding strategies to stay compliant with the new limitations while still meeting educational standards.

Summary

House Bill 1102 addresses the imposition of ad valorem taxes by school districts on certain residence homesteads following significant tax increases. The bill introduces a limitation whereby if an individual has qualified their property as a residence homestead for at least 15 consecutive tax years and the total school taxes imposed during that period exceed 120% compared to the first tax year, subsequent tax increases will be capped. The intent is to provide a sense of financial security for long-term homeowners and mitigate the impact of drastically rising property taxes on education funding.

Contention

Discussions surrounding HB1102 may include differing opinions on the broad impacts of tax limitations on school funding. Proponents argue that the limitations prevent unfair financial burdens on longtime homeowners, particularly against rising property valuations. Conversely, critics may contend that such caps could limit school districts' funding capabilities, especially in areas where property taxes significantly contribute to local school finance. The balance between protecting homeowners and ensuring adequate funding for education is likely to be a point of contention among legislators and stakeholders.

Companion Bills

TX SB484

Same As Relating to a limitation on the total amount of ad valorem taxes that a school district may impose on certain residence homesteads following a substantial school tax increase.

TX SB484

Same As Relating to a limitation on the total amount of ad valorem taxes that a school district may impose on certain residence homesteads following a substantial school tax increase.

TX HJR56

Enabling for Proposing a constitutional amendment authorizing the legislature to limit the total amount of ad valorem taxes that a school district may impose on the residence homestead of an individual and the surviving spouse of the individual if the individual qualifies the property as the individual's residence homestead for 15 consecutive tax years and the school taxes on the property increase by at least 120 percent during that period.

TX HJR56

Enabling for Proposing a constitutional amendment authorizing the legislature to limit the total amount of ad valorem taxes that a school district may impose on the residence homestead of an individual and the surviving spouse of the individual if the individual qualifies the property as the individual's residence homestead for 15 consecutive tax years and the school taxes on the property increase by at least 120 percent during that period.

Similar Bills

TX HB1648

Relating to the establishment of a limitation on the total amount of ad valorem taxes that a county may impose on the residence homesteads of individuals who are disabled or elderly and their surviving spouses.

TX HB3757

Relating to the authority of a taxing unit other than a school district, county, municipality, or junior college district to establish a limitation on the amount of ad valorem taxes that the taxing unit may impose on the residence homesteads of individuals who are disabled or elderly and their surviving spouses and to the information required to be included in a tax bill.

TX HB982

Relating to the authority of a taxing unit other than a school district, county, municipality, or junior college district to establish a limitation on the amount of ad valorem taxes that the taxing unit may impose on the residence homesteads of certain low-income individuals who are disabled or elderly and their surviving spouses.

TX HB157

Relating to the ad valorem taxation of residential real property.

TX HB132

Relating to the ad valorem taxation of residential real property.

TX HB4478

Relating to the establishment of a limitation on the total amount of ad valorem taxes that a county may impose on the residence homesteads of individuals who are disabled or elderly and their surviving spouses.

TX HB1566

Relating to the ad valorem taxation of residential real property.

TX HB3920

Relating to a limitation on the total amount of ad valorem taxes that may be imposed by a taxing unit on the residence homestead of a lower-income individual that is located in a homestead preservation district.