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HB 2332, 82nd R.S.

Relating to an exemption from ad valorem taxation by a school district for maintenance and operations purposes of the appraised value of a residence homestead and the offsetting of the resulting revenue loss to school districts with state sales and use tax revenue.

Last action: Referred to Ways & Means

Author: Phil King

Companion:

SB 1215 (Identical)

Enabling legislation for: HJR 116

Subjects:
Education--Primary & Secondary--Finance
FOUNDATION SCHOOL PROGRAM
Property Interests--Homestead
Taxation--Property-Exemptions
Taxation--Sales
Taxation--School District

House Committee: Ways & Means (Harvey Hilderbran, Wayne Christian, Gary Elkins, Naomi Gonzalez, Lanham Lyne, Trey Martinez Fischer, Jim Murphy, John Otto, Allan Ritter, Mike Villarreal, Beverly Woolley)

Index to Sections Affected

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