Texas HJR13: Proposing a constitutional amendment authorizing the legislature to provide that the officials responsible for appraising property for ad valorem taxation in a county may exclude from consideration the value of new or substantially remodeled residential property when determining the market value of an older residence homestead located in or near a tax increment financing reinvestment zone.

What the bill says

A joint resolution proposing a constitutional amendment authorizing the legislature to provide that the officials responsible for appraising property for ad valorem taxation in a county may exclude from consideration the value of new or substantially remodeled residential property when determining the market value of an older residence homestead located in or near a tax increment financing reinvestment zone.

From the introduced text, July 14, 2025:

A JOINT RESOLUTION proposing a constitutional amendment authorizing the legislature to provide that the officials responsible for appraising property for ad valorem taxation in a county may exclude from consideration the value of new or substantially remodeled residential property when determining the market value of an older residence homestead located in or near a tax increment financing reinvestment zone. BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS: SECTION 1. Section 1, Article VIII, Texas Constitution, is amended by adding Subsection (o) to read as follows: [ADDED: (o)][ADDED: ][ADDED: ][ADDED: The legislature by general law may provide that, in ] [ADDED: determining the market value for ad valorem taxation of a residence ] [ADDED: homestead that is more than 30 years old and is located in a tax ] [ADDED: increment financing reinvestment zone created by a municipality ] [ADDED: under a law authorized by Section 1-g of this article or in the area ] [ADDED: adjacent to the zone, the officials responsible for appraising ] [ADDED: property for taxation in the county may exclude from consideration ] [ADDED: the value of new or substantially remodeled residential properties ] [ADDED: that are located in the same neighborhood as the residence ] [ADDED: homestead being appraised and that would otherwise be considered in ] [ADDED: appraising the residence homestead. …

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