Texas House Joint Resolution 14 (Prior Session Legislation)

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Spectrum: Partisan Bill (Republican 2-0)
Status: Introduced on November 14 2022 - 25% progression, died in committee
Action: 2023-02-28 - Referred to Ways & Means
Pending: House Ways & Means Committee
Text: Latest bill text (Introduced) [HTML]

Proposing a constitutional amendment authorizing the legislature to provide that the appraised value of a residence homestead for ad valorem tax purposes for the first tax year that the owner of the property qualifies the property for a residence homestead exemption is the market value of the property and that, if the owner purchased the property, the purchase price of the property is considered to be the market value of the property for that tax year and to limit increases in the appraised value of the homestead for subsequent tax years based on the inflation rate.

Proposing a constitutional amendment authorizing the legislature to provide that the appraised value of a residence homestead for ad valorem tax purposes for the first tax year that the owner of the property qualifies the property for a residence homestead exemption is the market value of the property and that, if the owner purchased the property, the purchase price of the property is considered to be the market value of the property for that tax year and to limit increases in the appraised value of the homestead for subsequent tax years based on the inflation rate.

Rep. Steve Toth [R]

Rep. Cody Vasut [R]

Date	Chamber	Action
2023-02-28	House	Referred to Ways & Means
2023-02-28	House	Read first time
2022-11-14	House	Filed

HB295 (Enabled by) 2023-02-23 - Referred to Ways & Means

Type	Source
Summary	https://capitol.texas.gov/BillLookup/History.aspx?LegSess=88R&Bill=HJR14
Text	https://capitol.texas.gov/tlodocs/88R/billtext/html/HJ00014I.htm