By: Bettencourt S.B. No. 2520
A BILL TO BE ENTITLED
AN ACT
relating to the calculation of the limitation on the total amount of
ad valorem taxes imposed by a school district on the residence
homestead of an individual who is elderly or disabled.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 11.26, Tax Code, is amended by adding
Subsection (a-11) to read as follows:
(a-11) In the tax year immediately following the first tax
year the individual qualified a residence homestead for an
exemption after the beginning of that first year and the residence
homestead remains eligible for the same exemption, the limitation
on tax increases provided by this section is the lessor of the
amount of tax imposed by the district on that homestead in the
preceding tax year adjusted as provided for in subsection (a-10) or
the amount of ad valorem taxes imposed on the homestead in the tax
year immediately following the first year of qualification of a
homestead.
SECTION 2. The change in law made by this Act is intended
only to clarify existing law with respect to school district tax
limitations.
SECTION 3. This Act takes effect January 1, 2026.