SB3012 — Relating to the continuation of a limitation on increases in the appraised value of a residence homestead for ad valorem tax purposes if the property is acquired by and qualifies as the homestead of an heir of the owner or the owner's spouse or surviving spouse.

SB3012 — Relating to the continuation of a limitation on increases in the appraised value of a residence homestead for ad valorem tax purposes if the property is acquired by and qualifies as the homestead of an heir of the owner or the owner's spouse or surviving spouse. · Informed CitizenrySB 3012 amends the Tax Code to continue a limitation on the appraised value of a residence homestead for ad valorem tax purposes. The bill specifies that this limitation remains in effect as long a…Open in Informed Citizenry