Principle Criteria
Free Enterprise
Property Rights
Personal Responsibility
Limited Government
Individual Liberty
Digest
HB 490 amends the Tax Code to limit the annual increase in the appraised value of real property for ad valorem tax purposes to 5% over the appraised value from the previous year. The limitation applies to all real property, extending beyond the current law’s focus on residential homesteads. The bill repeals existing provisions allowing for higher appraisal caps in certain circumstances. It becomes effective January 1, 2026, contingent upon voter approval of a constitutional amendment authorizing the change.
Author
Cecil Bell, Jr.
Contact the Author
Rep. Cecil Bell, Jr.
Capitol Phone:
(512) 463-0650
Capitol Office:
EXT E2.708
E-Mail:
