SB1977 - 104th General Assembly (2025-2026)

PROP TX-HOMESTEAD
Last Action

6/02/2025 - Senate: Rule 3-9(a) / Re-referred to Assignments
Statutes Amended In Order of Appearance

Synopsis As Introduced

Amends the Property Tax Code. Provides that, on and after July 1, 2026, any bill to amend an existing homestead exemption or to create a new homestead exemption shall include the submission of an impact statement prepared by the sponsor of the bill. Provides that the maximum income limitation for the Low-Income Senior Citizens Assessment Freeze Homestead Exemption shall be $85,000 for taxable year 2025 and shall be subject to a cost-of-living adjustment in subsequent years. Provides that, for any tax certificates held by a county, the county clerk may create and administer a payment plan during the redemption period. Amends the Senior Citizens Real Estate Tax Deferral Act. Makes changes concerning the maximum household income. Effective immediately.
Actions

DateChamberAction
2/06/2025SenateFiled with Secretary by Sen. Robert Peters
2/06/2025SenateFirst Reading
2/06/2025SenateReferred to Assignments
3/12/2025SenateAssigned to Revenue
3/21/2025SenateRule 2-10 Committee Deadline Established As April 11, 2025
3/21/2025SenateAdded as Co-Sponsor Sen. Sara Feigenholtz
4/11/2025SenateRule 2-10 Committee Deadline Established As May 9, 2025
5/01/2025SenateAdded as Chief Co-Sponsor Sen. Graciela Guzmán
5/09/2025SenateRule 2-10 Committee/3rd Reading Deadline Established As May 23, 2025
5/23/2025SenateRule 2-10 Committee/3rd Reading Deadline Established As June 1, 2025
5/29/2025SenateSenate Committee Amendment No. 1 Filed with Secretary by Sen. Celina Villanueva
5/29/2025SenateSenate Committee Amendment No. 1 Referred to Assignments
5/30/2025SenateSenate Committee Amendment No. 1 Assignments Refers to Revenue
6/02/2025SenateRule 3-9(a) / Re-referred to Assignments
6/02/2025SenateSenate Committee Amendment No. 1 Rule 3-9(a) / Re-referred to Assignments