SB 244

Principle Criteria
neutral
Free Enterprise
neutral
Property Rights
neutral
Personal Responsibility
neutral
Limited Government
neutral
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​
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Co-Author (1)
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