88R9789 DRS-D
By: West S.B. No. 854
A BILL TO BE ENTITLED
AN ACT
relating to the authority of the commissioners court of a county to
adopt an exemption from ad valorem taxation by the county of a
portion, expressed as a dollar amount, of the appraised value of an
individual's residence homestead.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 11.13, Tax Code, is amended by amending
Subsection (i) and adding Subsection (s) to read as follows:
(i) The assessor and collector for a taxing unit may
disregard the exemptions authorized by Subsection (b), (c), (d),
[or] (n), or (s) [of this section] and assess and collect a tax
pledged for payment of debt without deducting the amount of the
exemption if:
(1) prior to adoption of the exemption, the taxing
unit pledged the taxes for the payment of a debt; and
(2) granting the exemption would impair the obligation
of the contract creating the debt.
(s) In addition to any other exemptions provided by this
section, an individual is entitled to an exemption from taxation by
a county of a portion, expressed as a dollar amount, of the
appraised value of the individual's residence homestead if the
exemption is adopted by the commissioners court of the county
before July 1 in the manner provided by law for official action by
the commissioners court. The amount of the exemption may not exceed
$100,000.
SECTION 2. Section 25.23(a), Tax Code, is amended to read as
follows:
(a) After submission of appraisal records, the chief
appraiser shall prepare supplemental appraisal records listing:
(1) each taxable property the chief appraiser
discovers that is not included in the records already submitted,
including property that was omitted from an appraisal roll in a
prior tax year;
(2) property on which the appraisal review board has
not determined a protest at the time of its approval of the
appraisal records; and
(3) property that qualifies for an exemption under
Section 11.13(n) or (s) that was adopted by the governing body of a
taxing unit after the date the appraisal records were submitted.
SECTION 3. This Act applies only to ad valorem taxes imposed
for a tax year that begins on or after the effective date of this
Act.
SECTION 4. This Act takes effect January 1, 2024, but only
if the constitutional amendment proposed by the 88th Legislature,
Regular Session, 2023, authorizing the commissioners court of a
county to adopt an exemption from ad valorem taxation by the county
of a portion, expressed as a dollar amount, of the appraised value
of an individual's residence homestead is approved by the voters.
If that amendment is not approved by the voters, this Act has no
effect.