SB244 — Relating to the limitation on increases in the appraised value of a residence homestead for ad valorem tax purposes.

SB244 — Relating to the limitation on increases in the appraised value of a residence homestead for ad valorem tax purposes. · Informed CitizenrySB 244 amends the Tax Code to modify how the appraised value of a residence homestead is determined for ad valorem tax purposes. The bill proposes that for the first tax year a property qualifies f…Open in Informed Citizenry