HB378 — Relating to an increase in the amount of the exemption of residence homesteads from ad valorem taxation by a school district and the protection of school districts against the resulting loss in local revenue.

HB378 — Relating to an increase in the amount of the exemption of residence homesteads from ad valorem taxation by a school district and the protection of school districts against the resulting loss in local revenue. · Informed CitizenryThe bill amends the Tax Code and Education Code to address changes related to increased exemptions for residence homesteads from ad valorem taxation. Under Section 1, an adult is entitled to exemp…Open in Informed Citizenry