SB488 — Relating to the authority of a taxing unit other than a school district to establish a limitation on the amount of ad valorem taxes that the taxing unit may impose on the residence homesteads of individuals who are disabled or elderly and their surviving spouses.

SB488 — Relating to the authority of a taxing unit other than a school district to establish a limitation on the amount of ad valorem taxes that the taxing unit may impose on the residence homesteads of individuals who are disabled or elderly and their surviving spouses. · Informed CitizenrySB 488 amends the Tax Code to allow taxing units other than school districts (such as counties, municipalities, or junior college districts) to establish and maintain limitations on the amount of a…Open in Informed Citizenry