HBA-JEK H.B. 2240 77(R)    BILL ANALYSIS


Office of House Bill AnalysisH.B. 2240
By: Brown, Betty
Public Education
4/23/2001
Introduced



BACKGROUND AND PURPOSE 

Currently, homestead owners 65 years of age and older are allowed to
transfer their ad valorem tax freeze to a new homestead located in a
different school district anywhere in the state.  House Bill 2240 limits
the transfer to a different residence homestead in the same school
district. 

RULEMAKING AUTHORITY

It is the opinion of the Office of House Bill Analysis that this bill does
not expressly delegate any additional rulemaking authority to a state
officer, department, agency, or institution. 

ANALYSIS

House Bill 2240 amends the Tax Code to limit the transfer of the school
district ad valorem tax freeze on the residence homestead of a qualified
elderly person to a different residence homestead in the same school
district.  The bill entitles a person who received a limitation on tax
increases on a subsequently qualified homestead for the 2001 tax year to
continue to receive that limitation regardless of whether the homestead was
located in the same school district as the individual's former homestead
during that year, as long as the individual otherwise qualifies for the
limitation.  

EFFECTIVE DATE

January 1, 2002.