Texas House Bill HB69

Texas 2023 - 88th 2nd C.S.

• Filed: 7/11/23

Caption

Relating to the determination and reporting of the number of residence homesteads of elderly or disabled persons that are subject to the limitation on the total amount of ad valorem taxes that may be imposed on the properties by school districts and of the number of residence homesteads of certain property owners for which the owner deferred collection of a tax, abated a suit to collect a delinquent tax, or abated a sale to foreclose a tax lien.

Impact

If enacted, HB69 will enhance the state's ability to monitor tax exemptions for elderly and disabled residents, thereby promoting transparency in property tax-related matters. This bill could lead to more informed policy decisions by providing lawmakers with concrete data on the prevalence of homestead exemptions. However, the effectiveness of these provisions will depend on the robust implementation of the reporting mechanisms set out in the bill. The overarching goal of HB69 is to ensure that the taxation framework remains fair and equitable for those who are most likely to struggle with property taxes, aligning state tax administration with the needs of its constituents.

Summary

House Bill 69 (HB69) proposes amendments to the Tax Code concerning the reporting and determination of residence homesteads owned by elderly or disabled persons. The bill mandates that each school district's chief appraiser determine the number of homesteads subject to limitations on tax increases and report this data to the comptroller by September 1 of each tax year. Furthermore, the comptroller is required to report the total number of homesteads across the state to legislative leaders by November 1. These provisions aim to improve the tracking and accountability of homestead exemptions, ensuring that the benefits intended for vulnerable populations are accurately reflected in state tax records.

Sentiment

The general sentiment surrounding HB69 appears to be positive, with many stakeholders recognizing the importance of protecting the financial well-being of elderly and disabled homeowners. Legislative discussions suggest that both supporters and opposition members agree on the necessity of ensuring accurate reporting of tax exemptions. However, further analysis may reveal minor concerns about the potential burden on appraisal districts to carry out the new reporting requirements effectively.

Contention

While HB69 is primarily seen as a beneficial adjustment to existing tax law, there may be discussions around the administrative implications involved in its implementation. Members of the legislature might debate the adequacy of resources available for appraisal districts to comply with the new requirements. Additionally, while the intent is to streamline the reporting process, some might express concerns about the accuracy of data collection and the potential for discrepancies that could affect the intended beneficiaries.

Texas Constitutional Statutes Affected

Tax Code

• Chapter 11. Taxable Property And Exemptions
  • Section: 26

• Chapter 33. Delinquency
  • Section: 06