TX SB515 | 2015-2016 | 84th Legislature
Status
Spectrum: Partisan Bill (Republican 12-0)
Status: Introduced on February 10 2015 - 25% progression, died in committee
Action: 2015-02-11 - Referred to Finance
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on February 10 2015 - 25% progression, died in committee
Action: 2015-02-11 - Referred to Finance
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Relating to an increase in the amount of the residence homestead exemption from ad valorem taxation by a school district, a reduction of the limitation on the total amount of ad valorem taxes that may be imposed by a school district on the homestead of an elderly or disabled person to reflect the increased exemption amount, and the protection of school districts against the resulting loss in local revenue.
Title
Relating to an increase in the amount of the residence homestead exemption from ad valorem taxation by a school district, a reduction of the limitation on the total amount of ad valorem taxes that may be imposed by a school district on the homestead of an elderly or disabled person to reflect the increased exemption amount, and the protection of school districts against the resulting loss in local revenue.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2015-02-11 | Senate | Referred to Finance |
| 2015-02-11 | Senate | Read first time |
| 2015-02-10 | Senate | Filed |
| 2015-02-10 | Senate | Received by the Secretary of the Senate |
Same As/Similar To
SJR28 (Enabling for) 2015-02-11 - Referred to Finance
Subjects
Aging
COMPTROLLER OF PUBLIC ACCOUNTS
Disabilities, Persons with
Education
EDUCATION, COMMISSIONER OF
Education--Primary & Secondary
Education--Primary & Secondary--Finance
Property Interests
Property Interests--Homestead
Taxation
Taxation--Property-Appraisals & Appraisal Districts
Taxation--Property-Assessment & Collection
Taxation--Property-Exemptions
Taxation--School District
COMPTROLLER OF PUBLIC ACCOUNTS
Disabilities, Persons with
Education
EDUCATION, COMMISSIONER OF
Education--Primary & Secondary
Education--Primary & Secondary--Finance
Property Interests
Property Interests--Homestead
Taxation
Taxation--Property-Appraisals & Appraisal Districts
Taxation--Property-Assessment & Collection
Taxation--Property-Exemptions
Taxation--School District
Texas State Sources
| Type | Source |
|---|---|
| Summary | http://www.legis.state.tx.us/BillLookup/History.aspx?LegSess=84R&Bill=SB515 |
| Text | http://www.legis.state.tx.us/tlodocs/84R/billtext/html/SB00515I.htm |
