HB3239 — Relating to the authority of the governing body of a taxing unit to adopt an exemption from ad valorem taxation of a portion, expressed as a dollar amount, of the appraised value of an individual's residence homestead and to the adjustment of the exemption amount in subsequent years to reflect inflation.

HB3239 — Relating to the authority of the governing body of a taxing unit to adopt an exemption from ad valorem taxation of a portion, expressed as a dollar amount, of the appraised value of an individual's residence homestead and to the adjustment of the exemption amount in subsequent years to reflect inflation. · Informed CitizenryThe bill amends Section 11.13(n) of the Tax Code to allow an individual to receive an exemption from ad valorem taxation from a taxing unit for a portion, expressed as a dollar amount, of their res…Open in Informed Citizenry