HB 975 (2022) -  Homestead Exemptions for Low-income Seniors

General Bill by Borrero
Homestead Exemptions for Low-income Seniors: Provides homestead assessment limitation for low-income, long-term resident seniors; requires annual adjustment of limitation; requires property appraiser to serve notice of intent to record tax lien against property; provides such property is subject to certain taxes, penalties, & interest; provides exception from such penalties & interest; provides person must be given specified timeframe to pay taxes, penalties, & interest before lien is filed; revises amount of exemption that may be granted to low-income, long-term resident seniors receiving homestead exemption; provides for homestead exemption equal to assessed value of property for property owned by low-income, long-term resident seniors; requires annual adjustment of just value threshold.
Effective Date: the effective date of the amendment to the State Constitution proposed by HJR 973
Last Event: Died in State Affairs Committee on Monday, March 14, 2022 1:03 PM

Referred Committees and Committee Actions

House Referrals

Related Bills

Bill # Subject Relationship
Bill #: HJR 973 Subject: Homestead Property Tax Assessment Limitations and Tax Exemptions for Certain Low-income Elderly Persons Relationship: Linked
Bill #: SB 1280 Subject: Homestead Taxes for Persons Age 65 and Older Relationship: Similar
Bill #: SJR 1278 Subject: Homestead Property Taxes/Persons Age 65 and Older Relationship: Compare

Bill Text

Staff Analysis

Chamber Committee
Chamber: House Committee: Ways & Means Committee 2/17/2022 4:37:54 PM
Chamber: House Committee: Ways & Means Committee 2/16/2022 8:00:30 AM
Chamber: House Committee: Local Administration & Veterans Affairs Subcommittee 2/7/2022 4:58:42 PM
Chamber: House Committee: Local Administration & Veterans Affairs Subcommittee 2/3/2022 4:42:18 PM

Vote History

(No Votes Recorded)

Bill History

Event Time Member Committee Ver.
Event: H Died in State Affairs Committee Time: 03/14/2022 - 1:03 PM Member: Committee: State Affairs Committee Version: __
Event: H Indefinitely postponed and withdrawn from consideration Time: 03/12/2022 - 12:00 AM Member: Committee: Version: __
Event: H Now in State Affairs Committee Time: 02/17/2022 - 4:37 PM Member: Committee: State Affairs Committee Version: __
Event: H Reported out of Ways & Means Committee Time: 02/17/2022 - 4:37 PM Member: Committee: Ways & Means Committee Version: __
Event: H Favorable by Ways & Means Committee Time: 02/17/2022 - 4:28 PM Member: Committee: Ways & Means Committee Version: __
Event: H Added to Ways & Means Committee agenda Time: 02/15/2022 - 4:04 PM Member: Committee: Ways & Means Committee Version: __
Event: H Now in Ways & Means Committee Time: 02/07/2022 - 5:21 PM Member: Committee: Ways & Means Committee Version: __
Event: H Reported out of Local Administration & Veterans Affairs Subcommittee Time: 02/07/2022 - 5:21 PM Member: Committee: Local Administration & Veterans Affairs Subcommittee Version: __
Event: H Favorable by Local Administration & Veterans Affairs Subcommittee Time: 02/07/2022 - 4:17 PM Member: Committee: Local Administration & Veterans Affairs Subcommittee Version: __
Event: H Added to Local Administration & Veterans Affairs Subcommittee agenda Time: 02/03/2022 - 3:51 PM Member: Committee: Local Administration & Veterans Affairs Subcommittee Version: __
Event: H 1st Reading Time: 01/11/2022 - 9:25 PM Member: Committee: Version: __
Event: H Now in Local Administration & Veterans Affairs Subcommittee Time: 01/07/2022 - 11:43 AM Member: Committee: Local Administration & Veterans Affairs Subcommittee Version: __
Event: H Referred to State Affairs Committee Time: 01/07/2022 - 11:43 AM Member: Committee: State Affairs Committee Version: __
Event: H Referred to Ways & Means Committee Time: 01/07/2022 - 11:43 AM Member: Committee: Ways & Means Committee Version: __
Event: H Referred to Local Administration & Veterans Affairs Subcommittee Time: 01/07/2022 - 11:43 AM Member: Committee: Local Administration & Veterans Affairs Subcommittee Version: __
Event: H Filed Time: 12/20/2021 - 12:03 PM Member: Borrero Committee: Version: __

Statutes Referenced by this Bill

Statute Other Bill Citations
193.626 SB 1280
196.075 SB 1280, CS/HB 1345