Texas HB1367 allows county commissioners courts to adopt an exemption from ad valorem taxation of up to $100,000 on a residence homestead's appraised.

HB1367 amends the Texas Tax Code to allow the commissioners court of a county to adopt an exemption from ad valorem taxation by the county of a portion, expressed as a dollar amount, of the appraised value of an individual's residence homestead. The exemption amount cannot exceed $100,000 and must be adopted by the commissioners court before July 1. The chief appraiser must prepare supplemental appraisal records listing taxable properties not included in the initial records, properties with unresolved protests, and those qualifying for the exemption.

Texas HB1367 allows county commissioners courts to adopt an exemption from ad valorem taxation of up to $100,000 on a residence homestead's appraised.

HB1367 amends the Texas Tax Code to allow the commissioners court of a county to adopt an exemption from ad valorem taxation by the county of a portion, expressed as a dollar amount, of the appraised value of an individual's residence homestead. The exemption amount cannot exceed $100,000 and must be adopted by the commissioners court before July 1. The chief appraiser must prepare supplemental appraisal records listing taxable properties not included in the initial records, properties with unresolved protests, and those qualifying for the exemption.