HB2480 — Relating to a limitation on the total amount of ad valorem taxes that may be imposed by a taxing unit on the residence homestead of a lower-income individual that is located in a homestead preservation district.

HB2480 — Relating to a limitation on the total amount of ad valorem taxes that may be imposed by a taxing unit on the residence homestead of a lower-income individual that is located in a homestead preservation district. · Informed CitizenryThe bill amends Chapter 11 of the Tax Code to add Section 11.262, which establishes a limitation on the total annual amount of ad valorem taxes imposed by a taxing unit on the residence homestead o…Open in Informed Citizenry