HB 1027: Homestead Assessment Limitation
GENERAL BILL by Borrero
Homestead Assessment Limitation; Prohibits assessed value of real property used as homestead by person who has attained certain age from exceeding certain amount if certain conditions are met; requires such persons to apply for homestead in specified manner; requires property appraiser who makes certain determination to serve notice of intent to record tax lien against property; requires property that no longer meets certain eligibility requirements to be reassessed in specified manner.
Effective Date: on the effective date of the amendment to the State Constitution proposed by HJR 1025 or a similar joint resolution having substantially the same specific intent and purpose
Last Action: 3/4/2025 House - 1st Reading (Original Filed Version)
Bill Text: PDF
Last Action: 3/4/2025 House - 1st Reading (Original Filed Version)
Bill Text: PDF
Bill History
| Date | Chamber | Action |
|---|---|---|
| 2/25/2025 | House |
• Filed |
| 3/2/2025 | House |
• Referred to Ways & Means Committee • Referred to Intergovernmental Affairs Subcommittee • Referred to State Affairs Committee • Now in Ways & Means Committee |
| 3/4/2025 | House |
• 1st Reading (Original Filed Version) |
