Texas 2021 - 87th Regular

Texas House Bill HJR90

Caption

Proposing a constitutional amendment to authorize the legislature to provide for a temporary limitation on the appraised value for ad valorem tax purposes of real property located in a political subdivision any part of which is located in an area that at any time during the preceding tax year was declared a disaster area.

Impact

If enacted, this amendment would provide significant relief to property owners in disaster-stricken areas by preventing sudden spikes in property taxes that can arise from increased appraisals following severe events. This measure aims to alleviate the financial burden on residents recovering from disasters, thereby aiding in faster recovery and stability within affected communities. It highlights the state's recognition of the need for flexible tax regulations during these challenging times.

Summary

HJR90 proposes a constitutional amendment that would allow the Texas Legislature to impose a temporary limitation on the appraised value of real property within political subdivisions that experienced a disaster as declared by the governor or the president in the preceding tax year. Specifically, the legislation seeks to amend Section 1, Article VIII of the Texas Constitution to enable the setting of the maximum appraised value of such properties at either the most recent market value or the appraised value from the previous year, whichever is lower.

Contention

During discussions regarding HJR90, lawmakers acknowledged both the potential benefits and criticisms of the proposed changes. Supporters argue that this amendment is a necessary tool for helping communities rebuild, while detractors may raise concerns about the implications for local government revenues, suggesting that limiting appraised values could lead to budgetary challenges for essential services in the aftermath of a disaster. The balance between providing tax relief and maintaining local funding sources appears to be a central point of contention in discussions surrounding this bill.

Companion Bills

TX HB1798

Enabled by Relating to the effect of a disaster declaration on the ad valorem tax rate of a taxing unit other than a school district and the appraised value of certain property in the taxing unit.

Previously Filed As

TX HJR71

Proposing a constitutional amendment to authorize the legislature to provide for limitations on the appraised value of certain real property in specified areas for ad valorem tax purposes.

TX HJR7

Proposing a constitutional amendment to authorize the legislature to limit the maximum appraised value of real property for ad valorem tax purposes to 105 percent or more of the appraised value of the property for the preceding tax year.

TX HJR10

Proposing a constitutional amendment to authorize the legislature to limit the maximum appraised value of real property for ad valorem tax purposes to 103.5 percent or more of the appraised value of the property for the preceding tax year.

TX HJR18

Proposing a constitutional amendment to authorize the legislature to limit the maximum appraised value of real property for ad valorem tax purposes.

TX HJR74

Proposing a constitutional amendment to authorize the legislature to limit the maximum appraised value of real property for ad valorem tax purposes.

TX HJR72

Proposing a constitutional amendment to authorize the legislature to limit the maximum appraised value of real property for ad valorem tax purposes.

TX HB1189

Relating to limitations on the appraised value of certain real property in specified areas for ad valorem tax purposes.

TX SJR19

Proposing a constitutional amendment to authorize the legislature to establish a limit on the maximum appraised value of real property other than a residence homestead for ad valorem tax purposes.

TX SJR53

Proposing a constitutional amendment to authorize the legislature to establish a limit on the maximum appraised value of real property other than a residence homestead for ad valorem tax purposes.

TX HJR87

Proposing a constitutional amendment authorizing the legislature to limit the maximum appraised value of residential real property for ad valorem tax purposes to 105 percent or more of the appraised value of the property for the preceding tax year, to exempt from ad valorem taxation the total appraised value of property purchased by an individual for the first tax year the individual qualifies the property as the individual's residence homestead if the property is the individual's first residence homestead and has an appraised value of less than $300,000, and to limit the total amount of ad valorem taxes that a political subdivision 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 at least 25 consecutive tax years.

Similar Bills

No similar bills found.