Bill
SB 634
Relating to the authority of the governing body of a taxing unit to adopt an exemption from ad valorem taxation of a portion, expressed as a dollar amount, of the appraised value of an individual's residence homestead.
89th Legislature (2025)
Introduced by Sarah Eckhardt and 1 co-sponsor
Allows Texas taxing units to grant homestead property tax exemptions using fixed dollar amounts instead of percentages, giving localities more flexibility but potentially creating equity and revenue challenges.
Referred to Local Government
#propertyinterests--homestead(i0616)
#taxation--property-appraisals&appraisaldistricts(i0792)
#taxation--property-exemptions(i0793)