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TX SB2520
Bill
Status
6/20/2025
Primary Sponsor
Paul Bettencourt
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AI Summary
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Amends Section 11.26 of the Tax Code to modify how school district property tax limitations are calculated for elderly or disabled homeowners who qualify for a homestead exemption after the tax year has begun
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Sets the tax limitation amount as the lesser of: the limitation computed under existing law (Subsection a-10), or the actual school district tax imposed on the homestead calculated without the limitation
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Applies only in the tax year immediately following the first year an individual qualifies for the elderly/disabled homestead exemption, provided the property remains eligible
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Takes effect January 1, 2026, applying to ad valorem taxes imposed for tax years beginning on or after that date
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Passed the Senate 31-0 on May 9, 2025, and the House 136-5 on May 28, 2025
Legislative Description
Relating to the calculation of the limitation on the total amount of ad valorem taxes imposed by a school district on the residence homestead of an individual who is elderly or disabled.
Property Interests
Last Action
Effective on 1/1/26
6/20/2025