HB4494 — Relating to the limitation on increases in the appraised value of a residence homestead for ad valorem tax purposes.

HB4494 — Relating to the limitation on increases in the appraised value of a residence homestead for ad valorem tax purposes. · Informed CitizenryHB 4494 amends the Tax Code to modify how the appraised value of a residence homestead is calculated for ad valorem tax purposes. The bill proposes that the appraised value be equal to the market v…Open in Informed Citizenry