SB 278, 84th R.S. history

SB 278, 84th R.S.

Relating to an increase in the amount of the residence homestead exemption from ad valorem taxation by a school district and the increase of the exemption amount in subsequent years to reflect inflation, 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 a disabled or elderly person to reflect the increased exemption amounts, and the protection of school districts against the resulting loss in local revenue.

Last action: Left pending in committee

Author: Kirk Watson

Companion:

HB 1519 (Identical)

Enabling legislation for: SJR 21

Bill Analyses:
Introduced (Senate Research Center)

Subjects:
Aging
Disabilities, Persons with
EDUCATION, COMMISSIONER OF
Property Interests--Homestead
Taxation--Property-Exemptions
Taxation--School District

Senate Committee: Finance (Jane Nelson, Paul Bettencourt, Brian Birdwell, Kevin Eltife, Kelly Hancock, Juan Hinojosa, Joan Huffman, Lois Kolkhorst, Robert Nichols, Charles Schwertner, Kel Seliger, Larry Taylor, Carlos Uresti, Kirk Watson, Royce West, John Whitmire) Minutes: March 2 2015 | March 4 2015

Index to Sections Affected

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