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HB 593: Homestead Exemptions

GENERAL BILL by Porter

Homestead Exemptions; Requires Legislature to appropriate moneys, beginning in specified fiscal year, to offset reductions in ad valorem tax revenue experienced by rural communities within rural area of opportunity which result from specified additional exemption; specifies how moneys are to be distributed; specifies mechanism for reversion of funds in specified situations.

Effective Date: on the effective date of House Joint Resolution 7105 (2017)
Last Action: 3/10/2018 House - Died in Appropriations Committee, companion bill(s) passed, see CS/HB 7087 (Ch. 2018-118)
Bill Text: PDF



Bill History

Date Chamber Action
11/8/2017 House • Filed
11/15/2017 House • Referred to Appropriations Committee; Ways and Means Committee -HJ 52
1/9/2018 House • Introduced -HJ 51
3/10/2018 House • Indefinitely postponed and withdrawn from consideration
• Died in Appropriations Committee, companion bill(s) passed, see CS/HB 7087 (Ch. 2018-118)