Principle Criteria
Free Enterprise
Property Rights
Personal Responsibility
Limited Government
Individual Liberty
Digest
SB 244 revises the appraisal process for residence homesteads to limit annual increases in appraised value for ad valorem tax purposes. It introduces new provisions for determining the initial appraised value based on market value or purchase price and clarifies procedures for applying these limitations to inherited properties and other scenarios​
Author
Peter Flores
Co-Author
Adam Hinojosa