| 2 | 4 | | |
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| 3 | 5 | | |
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| 4 | 6 | | A BILL TO BE ENTITLED |
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| 5 | 7 | | AN ACT |
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| 6 | 8 | | relating to the appraisal for ad valorem tax purposes of property |
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| 7 | 9 | | that qualifies for an exemption as a historic or archaeological |
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| 8 | 10 | | site. |
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| 9 | 11 | | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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| 10 | 12 | | SECTION 1. Section 23.013, Tax Code, is amended by adding |
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| 11 | 13 | | Subsection (f) to read as follows: |
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| 12 | 14 | | (f) In this subsection, "historic site" means a structure or |
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| 13 | 15 | | archeological site and the land necessary for access to and use of |
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| 14 | 16 | | the structure or archeological site subject to an exemption under |
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| 15 | 17 | | Section 11.24. In determining the market value of a historic site, |
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| 16 | 18 | | the chief appraiser shall consider the effect on the property's |
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| 17 | 19 | | value of any restriction placed on the property owner's ability to |
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| 18 | 20 | | alter, improve, or repair the property based on the property's |
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| 19 | 21 | | designation as a historic site. |
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| 20 | 22 | | SECTION 2. This Act applies to the appraisal for ad valorem |
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| 21 | 23 | | tax purposes of property that qualifies for an exemption as a |
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| 22 | 24 | | historic or archaeological site only for a tax year beginning on or |
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| 23 | 25 | | after the effective date of this Act. |
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| 24 | 26 | | SECTION 3. This Act takes effect January 1, 2026. |
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