Bill Summary

HB 1027 Homestead Assessment Limitation (2025 Session)
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Sponsors
by Borrero
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Summary
Homestead Assessment Limitation: Prohibits assessed value of real property used as homestead by person who has attained certain age from exceeding certain amount if certain conditions are met; requires such persons to apply for homestead in specified manner; requires property appraiser who makes certain determination to serve notice of intent to record tax lien against property; requires property that no longer meets certain eligibility requirements to be reassessed in specified manner. Effective Date: on the effective date of the amendment to the State Constitution proposed by HJR 1025 or a similar joint resolution having substantially the same specific intent and purpose
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committees of reference
» H Ways & Means Committee
   H Intergovernmental Affairs Subcommittee
   H State Affairs Committee
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Actions
02/25/25
HOUSE 
Filed
03/02/25
HOUSE 
Referred to Ways & Means Committee; Intergovernmental Affairs Subcommittee; State Affairs Committee
03/02/25
HOUSE 
Now in Ways & Means Committee
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bill text & filed amendments
1027
Filed on 02/25/25
PDF
No amendments to this bill text filed.
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Statute Citations
193.6245
Research & Reports
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