SB1791 — Relating to the authority of the governing body of a taxing unit in a county in which home prices are appreciating rapidly to adopt a limitation on increases in the appraised value for purposes of ad valorem taxation by the taxing unit of residence homesteads in certain low-income areas.

SB1791 — Relating to the authority of the governing body of a taxing unit in a county in which home prices are appreciating rapidly to adopt a limitation on increases in the appraised value for purposes of ad valorem taxation by the taxing unit of residence homesteads in certain low-income areas. · Informed CitizenrySB 1791 authorizes the governing body of a taxing unit to establish a limitation on the appraised value of residence homesteads for ad valorem taxation in certain low-income areas. This authority a…Open in Informed Citizenry