HB 202 makes permanent the existing 20% annual cap on increases in appraised value for certain non-homestead real property for ad valorem tax purposes. This cap, originally established under Section 23.231 of the Texas Tax Code and set to expire in 2026, limits property tax appraisal increases to no more than 20% each year for eligible properties. HB 202 removes the expiration date for this limitation, thus establishing it as a permanent measure. This change will take effect on January 1, 2026, pending approval of a constitutional amendment by Texas voters in 2025.