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TX HB266
Bill
Status
11/12/2024
Primary Sponsor
Maria Flores
Click for details
AI Summary
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School districts may adopt a local option property tax exemption for residence homesteads of full-time classroom teachers, certified school counselors, librarians, and school nurses employed by the district
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The exemption can cover all or part of the appraised home value, with a minimum exemption of 20 percent if adopted as a percentage
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The exemption is in addition to any other existing homestead exemptions and applies only to school district taxes, not other taxing units
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Tax assessors may disregard the exemption when collecting taxes pledged for pre-existing debt if granting it would impair contract obligations
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The act takes effect January 1, 2026, contingent on voter approval of a related constitutional amendment proposed by the 89th Legislature
Legislative Description
Relating to a local option exemption from ad valorem taxation by a school district of all or part of the appraised value of the residence homesteads of certain individuals who are employed by the district.
Property Interests
Last Action
Referred to Ways & Means
2/27/2025