SB1098 — Ad valorem tax; defining terms; providing procedure to assess residential rental housing. Effective date.

SB1098 — Ad valorem tax; defining terms; providing procedure to assess residential rental housing. Effective date. · Informed CitizenrySB1098 amends the Ad Valorem Tax Code to update definitions, expand property classifications for taxation, and modify valuation procedures for certain real property. Specifically, it defines 'resid…Open in Informed Citizenry