SB2095 - 104th General Assembly

PROP TX-GENERAL HOMESTEAD
Last Action

6/02/2025 - Senate: Rule 3-9(a) / Re-referred to Assignments
Senate Sponsors

Sen. Erica Harriss
Statutes Amended In Order of Appearance

Synopsis As Introduced

Amends the Property Tax Code. Provides that, for taxable year 2025, the maximum reduction for the general homestead exemption shall be $10,000 in all counties. Provides that, for taxable years 2026 and thereafter, the maximum reduction for the general homestead exemption in all counties shall be the maximum reduction for the immediately preceding taxable year, increased by the lesser of (i) 5% or (ii) the percentage increase in the Consumer Price Index during the 12-month period ending on September 30 of the immediately preceding taxable year. Effective immediately.
Actions

Date Chamber Action
2/06/2025 Senate Filed with Secretary by Sen. Erica Harriss
2/06/2025 Senate First Reading
2/06/2025 Senate Referred to Assignments
2/25/2025 Senate Assigned to Revenue
3/21/2025 Senate Rule 2-10 Committee Deadline Established As April 11, 2025
4/11/2025 Senate Rule 2-10 Committee Deadline Established As May 9, 2025
5/09/2025 Senate Rule 2-10 Committee/3rd Reading Deadline Established As May 23, 2025
5/23/2025 Senate Rule 2-10 Committee/3rd Reading Deadline Established As June 1, 2025
6/02/2025 Senate Rule 3-9(a) / Re-referred to Assignments