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TX HB4060
Bill
Status
3/7/2025
Primary Sponsor
Katrina Pierson
Click for details
AI Summary
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Authorizes taxing units to adopt a local option property tax exemption for peace officers employed by that taxing unit on their residence homestead
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Exemption percentage increases based on years of service with the taxing unit: 20% (5-9 years), 40% (10-14 years), 60% (15-19 years), 80% (20-24 years), and 100% (25+ years)
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Defines "peace officer" according to Article 2A.001 of the Code of Criminal Procedure
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Allows taxing units to disregard the exemption for purposes of collecting taxes pledged for debt payment if granting the exemption would impair existing debt obligations
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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 a local option exemption from ad valorem taxation by a taxing unit of all or part of the appraised value of the residence homestead of a peace officer employed by the taxing unit.
Property Interests
Last Action
Reported favorably w/o amendment(s)
5/7/2025