Bill Text: TX SB266 | 2021-2022 | 87th Legislature | Introduced


Bill Title: Relating to the authority of the commissioners court of a county to adopt an exemption from ad valorem taxation by the county of a portion, expressed as a dollar amount, of the appraised value of an individual's residence homestead.

Spectrum: Partisan Bill (Democrat 2-0)

Status: (Introduced) 2021-03-03 - Referred to Local Government [SB266 Detail]

Download: Texas-2021-SB266-Introduced.html
  87R2489 DRS-D
 
  By: West S.B. No. 266
 
 
 
A BILL TO BE ENTITLED
 
AN ACT
  relating to the authority of the commissioners court of a county to
  adopt an exemption from ad valorem taxation by the county of a
  portion, expressed as a dollar amount, of the appraised value of an
  individual's residence homestead.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Section 11.13, Tax Code, is amended by amending
  Subsection (i) and adding Subsection (x) to read as follows:
         (i)  The assessor and collector for a taxing unit may
  disregard the exemptions authorized by Subsection (b), (c), (d),
  [or] (n), or (x) [of this section] and assess and collect a tax
  pledged for payment of debt without deducting the amount of the
  exemption if:
               (1)  prior to adoption of the exemption, the unit
  pledged the taxes for the payment of a debt; and
               (2)  granting the exemption would impair the obligation
  of the contract creating the debt.
         (x)  In addition to any other exemptions provided by this
  section, an individual is entitled to an exemption from taxation by
  a county of a portion, expressed as a dollar amount, of the
  appraised value of the individual's residence homestead if the
  exemption is adopted by the commissioners court of the county
  before July 1 in the manner provided by law for official action by
  the commissioners court. The amount of the exemption may not exceed
  $100,000.
         SECTION 2.  Section 25.23(a), Tax Code, is amended to read as
  follows:
         (a)  After submission of appraisal records, the chief
  appraiser shall prepare supplemental appraisal records listing:
               (1)  each taxable property the chief appraiser
  discovers that is not included in the records already submitted,
  including property that was omitted from an appraisal roll in a
  prior tax year;
               (2)  property on which the appraisal review board has
  not determined a protest at the time of its approval of the
  appraisal records; and
               (3)  property that qualifies for an exemption under
  Section 11.13(n) or (x) that was adopted by the governing body of a
  taxing unit after the date the appraisal records were submitted.
         SECTION 3.  This Act applies only to ad valorem taxes imposed
  for a tax year that begins on or after the effective date of this
  Act.
         SECTION 4.  This Act takes effect January 1, 2022, but only
  if the constitutional amendment proposed by the 87th Legislature,
  Regular Session, 2021, authorizing the commissioners court of a
  county to adopt an exemption from ad valorem taxation by the county
  of a portion, expressed as a dollar amount, of the appraised value
  of an individual's residence homestead is approved by the voters.
  If that amendment is not approved by the voters, this Act has no
  effect.
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