89th Legislature

HB 4399

Principle Criteria
Free Enterprise
Property Rights
Personal Responsibility
Limited Government
Individual Liberty
Digest
HB 4399 allows an appraisal review board to adjust the appraised value of a residence homestead to match its sales price if the property is sold for at least 10% less than its appraised value. The adjustment can apply to the current tax year and the two preceding tax years.
Author
Dade Phelan