SB1072 — Relating to the authority of the governing body of a taxing unit that adopts an exemption from ad valorem taxation of a percentage of the appraised value of an individual's residence homestead to set the minimum dollar amount of the exemption to which an individual is entitled in a tax year.

SB1072 — Relating to the authority of the governing body of a taxing unit that adopts an exemption from ad valorem taxation of a percentage of the appraised value of an individual's residence homestead to set the minimum dollar amount of the exemption to which an individual is entitled in a tax year. · Informed CitizenrySB 1072 amends the Tax Code to grant the governing body of a taxing unit the authority to set a minimum dollar amount for a residence homestead exemption from ad valorem taxation. If a taxing unit…Open in Informed Citizenry