Texas HB90 amends the tax appraisal process for older residence homesteads in tax increment financing reinvestment zones.
Texas HB90 modifies the ad valorem tax appraisal process for older residence homesteads, specifically those over 30 years old, located in or near a tax increment financing reinvestment zone. The chief appraiser may exclude the value of new or substantially remodeled residential properties in the same neighborhood from the appraisal. This change aims to fairly appraise the older residence homestead. The amendment applies to tax appraisals beginning on or after January 1, 2026, contingent on voter approval of a constitutional amendment.
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