Texas HB 4029: Relating to an exemption from ad valorem taxation by a school district of a dollar amount or a percentage, whichever is greater, of the appraised value of a residence homestead, an adjustment of the limitation on the total amount of ad valorem taxes that may be imposed by a school district on the homestead of a person who is elderly or disabled to reflect increases in the exemption amount, and the protection of school districts against the resulting loss in local revenue.

Status: Referred to Ways & Means (as of 2023-03-20)

State: Texas · Session: 88 · Bill: HB 4029

Subjects: Aging (I0015), 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: Schofield

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