Texas HB 5042: Relating to an adjustment of the limitation on the total amount of ad valorem taxes that may be imposed by a school district on the residence homestead of an individual who is elderly or disabled to reflect the most recent increase in the amount of the exemption of residence homesteads from ad valorem taxation by a school district and the protection of school districts against the resulting loss in local revenue.

Status: Referred to Ways & Means (as of 2023-03-23)

State: Texas · Session: 88 · Bill: HB 5042

Subjects: Aging (I0015), COMPTROLLER OF PUBLIC ACCOUNTS (V2608), Disabilities, Persons with (I0380), Education--Primary & Secondary--Finance (I0250), Property Interests--Homestead (I0616), Taxation--Property-Appraisals & Appraisal Districts (I0792), Taxation--Property-Assessment & Collection (I0798), Taxation--Property-Exemptions (I0793), Taxation--School District (I0785)

Sponsors: Howard

View Texas HB 5042 on LegisTrack → — full text, sponsors, votes, campaign finance, and cross-state matches.