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TX HB1548
Bill
Status
12/9/2024
Primary Sponsor
Richard Raymond
Click for details
AI Summary
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Extends existing residence homestead property tax exemptions for disabled individuals and those 65+ to include parents or guardians of disabled persons who reside with them
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Provides a $10,000 exemption from school district taxation for qualifying parents/guardians, matching the exemption already available to disabled and elderly homeowners
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Allows other taxing units (counties, cities, special districts) to adopt additional homestead exemptions for these qualifying parents/guardians through governing body action or voter approval
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Restricts individuals to receiving only one exemption under each qualifying category per taxing unit per year, preventing duplicate exemptions for the same homestead
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Takes effect January 1, 2026, contingent on voter approval of a related constitutional amendment proposed by the 89th Legislature
Legislative Description
Relating to an exemption from ad valorem taxation by certain taxing units of a portion of the appraised value of the residence homestead of the parent or guardian of a person who is disabled and who resides with the parent or guardian.
Property Interests
Last Action
Referred to Ways & Means
3/12/2025