HB1746 - 104th General Assembly

PROP TX-HOMESTEAD EXEMPT
Last Action
3/21/2025 - House: Rule 19(a) / Re-referred to Rules Committee
Statutes Amended In Order of Appearance
Synopsis As Introduced
Amends the Property Tax Code. Provides that, for taxable years 2026 and thereafter, the term "maximum income limitation" for the low-income senior citizens assessment freeze homestead exemption means the greater of (i) $80,000 or (ii) $80,000 adjusted by certain increases in the consumer price index-u. Provides that the Department of Revenue shall, not later than January 31 of each calendar year, calculate, publish, and transmit to all county clerks and county treasurers the indexed maximum income limitation number. In provisions concerning the general homestead exemption, provides that, for taxable years 2026 and thereafter, the maximum reduction is $10,000 in all counties.
Actions
Date Chamber Action
1/24/2025 House Filed with the Clerk by Rep. Joe C. Sosnowski
1/28/2025 House First Reading
1/28/2025 House Referred to Rules Committee
2/18/2025 House Assigned to Revenue & Finance Committee
3/03/2025 House To Property Tax Subcommittee
3/11/2025 House Added Co-Sponsor Rep. Charles Meier
3/12/2025 House Added Co-Sponsor Rep. Kevin Schmidt
3/21/2025 House Rule 19(a) / Re-referred to Rules Committee
4/30/2025 House Added Co-Sponsor Rep. Jason R. Bunting
8/12/2025 House Added Co-Sponsor Rep. Patrick Sheehan
8/14/2025 House Added Co-Sponsor Rep. Brad Stephens
11/04/2025 House Added Co-Sponsor Rep. Michael J. Coffey, Jr.