By: Meyer H.B. No. 4809
A BILL TO BE ENTITLED
AN ACT
relating to the appraisal for ad valorem tax purposes of property
that qualifies for an exemption as a historic or archaeological
site.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 23.013, Tax Code, is amended by adding
Subsection (f) to read as follows:
(f) In this subsection, "historic site" means a structure or
archeological site and the land necessary for access to and use of
the structure or archeological site subject to an exemption under
Section 11.24. In determining the market value of a historic site,
the chief appraiser shall consider the effect on the property's
value of any restriction placed on the property owner's ability to
alter, improve, or repair the property based on the property's
designation as a historic site.
SECTION 2. This Act applies to the appraisal for ad valorem
tax purposes of property that qualifies for an exemption as a
historic or archaeological site only for a tax year beginning on or
after the effective date of this Act.
SECTION 3. This Act takes effect January 1, 2026.