By: Bernal H.B. No. 361
A BILL TO BE ENTITLED
AN ACT
relating to the appraisal of a residence homestead for ad valorem
tax purposes.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 23.01, Tax Code, is amended by adding
Subsection (i) to read as follows:
(i) In determining the market value of a residence
homestead, the chief appraiser shall only consider the value of
other residence homesteads in the same neighborhood. Real property
without an exemption under Section 11.13 shall not be considered by
the chief appraiser when determining the market value of real
property with an exemption under Section 11.13.
SECTION 2. This Act applies only to ad valorem taxes imposed
for a tax year beginning on or after the effective date of this Act.
SECTION 3. This Act takes effect January 1, 2026.