HJR 153

Proposing a constitutional amendment to authorize the legislature to provide for a reduction of the appraised value of a residence homestead for ad valorem tax purposes for the first tax year in which the owner qualifies the property for a residence homestead exemption based on the amount by which the limitation on increases in the appraised value of a residence homestead reduced the appraised value of the owner's former residence homestead for the last tax year in which the owner qualified the former residence homestead for a residence homestead exemption.

Principle Criteria

Free Enterprise

Property Rights

Personal Responsibility

Limited Government

Individual Liberty

Digest

HJR 153 proposes a constitutional amendment that would allow the legislature to reduce the appraised value of a residence homestead for property tax purposes in the first year that a homeowner qualifies for a homestead exemption. The reduction would be based on the amount by which a limitation on increases in the appraised value of a previous homestead reduced its taxable value in the last year the exemption applied.

Author

Jay Dean

Contact the Author

Rep. Jay Dean

Capitol Phone:

(512) 463-0750

Capitol Office:

CAP GN.11

E-Mail:

[email protected]

Visit Official Website