HB5 — Relating to a limitation on increases in the appraised value for ad valorem tax purposes of commercial or industrial real property.

HB5 — Relating to a limitation on increases in the appraised value for ad valorem tax purposes of commercial or industrial real property. · Informed CitizenryHB 5 proposes to limit the appraised value of commercial or industrial real property for ad valorem tax purposes. Under the bill, the appraised value of such property may not exceed the lesser of i…Open in Informed Citizenry