Principle Criteria
Free Enterprise
Property Rights
Personal Responsibility
Limited Government
Individual Liberty
Digest
HB 183 creates a full property tax exemption on the appraised value of a homestead for Texans aged 65+ who have held a homestead exemption for at least 10 years, and extends it to their surviving spouses aged 55+. Implementation is contingent on voter approval of a constitutional amendment in 2025.
Author (1)