Bill
HB 360
Relating to the authority of an appraisal review board to direct changes in the appraisal roll and related appraisal records if a residence homestead is sold for less than the appraised value.
89th Legislature (2025)
Introduced by Ryan Guillen and 2 co-sponsors
Authorizes Texas appraisal review boards to lower residential property tax assessments when homes sell below appraised values, potentially reducing homeowner tax bills but affecting local government revenues.
Reported from s/c favorably w/o amendment(s)
#propertyinterests--homestead(i0616)
#taxation--property-appealoftaxdecisions(i0796)
#taxation--property-appraisals&appraisaldistricts(i0792)