| 1 | 1 | | 88R820 LHC-D |
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| 2 | 2 | | By: Shine H.B. No. 419 |
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| 3 | 3 | | |
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| 4 | 4 | | |
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| 5 | 5 | | A BILL TO BE ENTITLED |
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| 6 | 6 | | AN ACT |
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| 7 | 7 | | relating to an exemption from ad valorem taxation by a taxing unit |
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| 8 | 8 | | other than a school district of a portion of the appraised value of |
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| 9 | 9 | | a residence homestead based on the average appraised value in the |
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| 10 | 10 | | preceding tax year of all qualified residence homesteads located in |
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| 11 | 11 | | the same county. |
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| 12 | 12 | | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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| 13 | 13 | | SECTION 1. Section 11.13, Tax Code, is amended by adding |
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| 14 | 14 | | Subsection (s) to read as follows: |
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| 15 | 15 | | (s) In addition to any other exemptions provided by this |
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| 16 | 16 | | section, an individual is entitled to an exemption from taxation by |
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| 17 | 17 | | a taxing unit other than a school district of a portion of the |
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| 18 | 18 | | appraised value of the individual's residence homestead in an |
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| 19 | 19 | | amount equal to 5 percent, or a greater percentage not to exceed 25 |
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| 20 | 20 | | percent specified by the governing body of the taxing unit before |
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| 21 | 21 | | July 1 in the manner provided by law for official action by the |
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| 22 | 22 | | body, of the average appraised value in the preceding tax year of |
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| 23 | 23 | | all residence homesteads that are located in the same county as the |
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| 24 | 24 | | individual's homestead and that qualify for an exemption under this |
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| 25 | 25 | | section. |
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| 26 | 26 | | SECTION 2. Section 25.19(b), Tax Code, is amended to read as |
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| 27 | 27 | | follows: |
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| 28 | 28 | | (b) The chief appraiser shall separate real from personal |
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| 29 | 29 | | property and include in the notice for each: |
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| 30 | 30 | | (1) a list of the taxing units in which the property is |
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| 31 | 31 | | taxable; |
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| 32 | 32 | | (2) the appraised value of the property in the |
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| 33 | 33 | | preceding year; |
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| 34 | 34 | | (3) the taxable value of the property in the preceding |
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| 35 | 35 | | year for each taxing unit taxing the property; |
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| 36 | 36 | | (4) the appraised value of the property for the |
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| 37 | 37 | | current year, the kind and amount of each exemption and partial |
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| 38 | 38 | | exemption, if any, approved for the property for the current year |
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| 39 | 39 | | and for the preceding year, including an estimate for each taxing |
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| 40 | 40 | | unit other than a school district of the amount of the exemption |
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| 41 | 41 | | under Section 11.13(s), if applicable, approved for the property |
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| 42 | 42 | | for the current year, and, if an exemption or partial exemption that |
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| 43 | 43 | | was approved for the preceding year was canceled or reduced for the |
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| 44 | 44 | | current year, the amount of the exemption or partial exemption |
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| 45 | 45 | | canceled or reduced; |
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| 46 | 46 | | (5) in italic typeface, the following statement: "The |
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| 47 | 47 | | Texas Legislature does not set the amount of your local taxes. Your |
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| 48 | 48 | | property tax burden is decided by your locally elected officials, |
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| 49 | 49 | | and all inquiries concerning your taxes should be directed to those |
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| 50 | 50 | | officials."; |
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| 51 | 51 | | (6) a detailed explanation of the time and procedure |
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| 52 | 52 | | for protesting the value; |
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| 53 | 53 | | (7) the date and place the appraisal review board will |
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| 54 | 54 | | begin hearing protests; |
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| 55 | 55 | | (8) an explanation of the availability and purpose of |
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| 56 | 56 | | an informal conference with the appraisal office before a hearing |
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| 57 | 57 | | on a protest; and |
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| 58 | 58 | | (9) a brief explanation that the governing body of |
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| 59 | 59 | | each taxing unit decides whether [or not] taxes on the property will |
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| 60 | 60 | | increase and that the appraisal district only determines the value |
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| 61 | 61 | | of the property. |
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| 62 | 62 | | SECTION 3. This Act applies only to ad valorem taxes imposed |
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| 63 | 63 | | for a tax year beginning on or after the effective date of this Act. |
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| 64 | 64 | | SECTION 4. This Act takes effect January 1, 2024, but only |
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| 65 | 65 | | if the constitutional amendment proposed by the 88th Legislature, |
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| 66 | 66 | | Regular Session, 2023, authorizing the legislature to provide for |
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| 67 | 67 | | an exemption from ad valorem taxation by a political subdivision |
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| 68 | 68 | | other than a school district of a portion of the assessed value of a |
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| 69 | 69 | | residence homestead based on the average assessed value in the |
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| 70 | 70 | | preceding tax year of all qualified residence homesteads that are |
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| 71 | 71 | | located in the same county as the homestead is approved by the |
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| 72 | 72 | | voters. If that amendment is not approved by the voters, this Act |
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| 73 | 73 | | has no effect. |
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