Texas HB3239 allows taxing units to adopt an exemption from ad valorem taxation of a portion of the appraised value of an individual's residence.

Texas HB3239 amends the Tax Code to allow the governing body of a taxing unit to adopt an exemption from ad valorem taxation of a portion, expressed as a dollar amount, of the appraised value of an individual's residence homestead. This exemption can be set before July 1 each year and applies to the subsequent tax year. For the 2026 tax year, the exemption amount cannot exceed $100,000. Each subsequent year, the exemption amount is adjusted for inflation, calculated using the Consumer Price Index for all Urban Consumers (CPI-U), U.S. City Average, published by the Bureau of Labor Statistics.

Texas HB3239 allows taxing units to adopt an exemption from ad valorem taxation of a portion of the appraised value of an individual's residence.

Texas HB3239 amends the Tax Code to allow the governing body of a taxing unit to adopt an exemption from ad valorem taxation of a portion, expressed as a dollar amount, of the appraised value of an individual's residence homestead. This exemption can be set before July 1 each year and applies to the subsequent tax year. For the 2026 tax year, the exemption amount cannot exceed $100,000. Each subsequent year, the exemption amount is adjusted for inflation, calculated using the Consumer Price Index for all Urban Consumers (CPI-U), U.S. City Average, published by the Bureau of Labor Statistics.