HB4270 — Relating to the authority of certain taxing units to enter into an agreement to abate ad valorem taxes imposed on an individual's residence homestead that is located in a reinvestment zone.

HB4270 — Relating to the authority of certain taxing units to enter into an agreement to abate ad valorem taxes imposed on an individual's residence homestead that is located in a reinvestment zone. · Informed CitizenryThe bill amends the Tax Code to address tax abatement agreements for residence homesteads located in reinvestment zones. Section 1 modifies existing sections of the Tax Code by requiring that a tax…Open in Informed Citizenry