Bill Text: TX HB835 | 2013-2014 | 83rd Legislature | Comm Sub
Bill Title: Relating to the application of the limit on appraised value of a residence homestead for ad valorem tax purposes to an improvement that is a replacement structure for a structure that was rendered uninhabitable or unusable by a casualty or by wind or water damage.
Sponsorship: Partisan Bill (Democrat 1)
Status: (Introduced - Dead) 2013-05-07 - Comm. report sent to Local & Consent Calendar [HB835 Detail]
Download: Texas-2013-HB835-Comm_Sub.html
| 83R21155 TJB-F | |||
| By: Eiland | H.B. No. 835 | ||
| Substitute the following for H.B. No. 835: | |||
| By: Hilderbran | C.S.H.B. No. 835 | ||
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| relating to the application of the limit on appraised value of a | ||
| residence homestead for ad valorem tax purposes to an improvement | ||
| that is a replacement structure for a structure that was rendered | ||
| uninhabitable or unusable by a casualty or by wind or water damage. | ||
| BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
| SECTION 1. Section 23.23, Tax Code, is amended by adding | ||
| Subsection (g) to read as follows: | ||
| (g) In this subsection, "disaster recovery program" means | ||
| the disaster recovery program administered by the General Land | ||
| Office that is funded with community development block grant | ||
| disaster recovery money authorized by the Consolidated Security, | ||
| Disaster Assistance, and Continuing Appropriations Act, 2009 (Pub. | ||
| L. No. 110-329) and the Consolidated and Further Continuing | ||
| Appropriations Act, 2012 (Pub. L. No. 112-55). Notwithstanding | ||
| Subsection (f)(2), and only to the extent necessary to satisfy the | ||
| requirements of the disaster recovery program, a replacement | ||
| structure described by that subdivision is not considered to be a | ||
| new improvement if to satisfy the requirements of the disaster | ||
| recovery program it was necessary that: | ||
| (1) the square footage of the replacement structure | ||
| exceed that of the replaced structure as that structure existed | ||
| before the casualty or damage occurred; or | ||
| (2) the exterior of the replacement structure be of | ||
| higher quality construction and composition than that of the | ||
| replaced structure. | ||
| SECTION 2. This Act applies only to the appraisal of a | ||
| residence homestead for ad valorem tax purposes for a tax year that | ||
| begins on or after January 1, 2014. | ||
| SECTION 3. This Act takes effect January 1, 2014. | ||
