HB493 — Relating to a temporary local option exemption from ad valorem taxation of a portion of the appraised value of certain property damaged by a disaster and reimbursement of a taxing unit for refunds the taxing unit pays to taxpayers as a result of the exemption.

HB493 — Relating to a temporary local option exemption from ad valorem taxation of a portion of the appraised value of certain property damaged by a disaster and reimbursement of a taxing unit for refunds the taxing unit pays to taxpayers as a result of the exemption. · Informed CitizenryHB 493 establishes a temporary local option exemption from ad valorem taxation for certain property damaged by a disaster. The bill defines 'qualified property' as tangible personal property used f…Open in Informed Citizenry