Makes permanent the limitation on increases in the appraised value of certain real property for ad valorem tax purposes.

This bill makes permanent the limitation on increases in the appraised value of certain real property for ad valorem tax purposes. The appraised value of real property other than a residence homestead may not be increased by more than 20 percent each year, with certain exceptions. This Act takes effect January 1, 2026, but only if the constitutional amendment proposed by the 89th Legislature, Regular Session, 2025, to authorize the legislature to make permanent the limit on the maximum appraised value of real property other than a residence homestead for ad valorem tax purposes is approved by.

Makes permanent the limitation on increases in the appraised value of certain real property for ad valorem tax purposes.

This bill makes permanent the limitation on increases in the appraised value of certain real property for ad valorem tax purposes. The appraised value of real property other than a residence homestead may not be increased by more than 20 percent each year, with certain exceptions. This Act takes effect January 1, 2026, but only if the constitutional amendment proposed by the 89th Legislature, Regular Session, 2025, to authorize the legislature to make permanent the limit on the maximum appraised value of real property other than a residence homestead for ad valorem tax purposes is approved by.