89th Legislature

HJR 74

Principle Criteria
Free Enterprise
Property Rights
Personal Responsibility
Limited Government
Individual Liberty
Digest
HJR 74 proposes a constitutional amendment to establish that the appraised value of a residence homestead for ad valorem tax purposes in the first year the property qualifies as a homestead is equal to its market value or, if purchased, the purchase price. It also provides for subsequent annual adjustments to the appraised value based on the inflation rate​.
Author
Steve Toth