How HB 3212 changes current law

Compared against the Texas statutes as published AI-generated reading aid — verify against the official bill.

This bill amends 1 section(s) of the Texas statutes: Section 23.23, Tax Code.

• Section 23.23, Tax Code

  (h) The owner of a residence homestead who receives a limitation provided by Subsection (a) on the owner's residence homestead and who subsequently qualifies a different property as the owner's residence homestead is entitled to a reduction in the appraised value of the subsequently qualified homestead for the first tax year in which the owner qualifies the subsequently qualified homestead for an exemption under Section 11.13 in an amount equal to the lesser of: (1) the positive difference between the market value and the appraised value of the former residence homestead for the last tax year in which the owner qualified the former homestead for an exemption under Section 11.13; or (2) $500,000. (i) An owner of a residence homestead who receives a limitation provided by Subsection (a) on the owner's residence homestead and who subsequently qualifies a different property in a different appraisal district as the owner's residence homestead is entitled to receive from the chief appraiser of the appraisal district in which the former homestead was located a written certificate necessary to determine whether the owner is entitled to the reduction in the appraised value of the subsequently qualified homestead provided by Subsection (h) and to calculate the amount of the reduction. (j) A residence homestead is considered to be a subsequently qualified homestead for purposes of Subsection (h) only if the first tax year in which the owner of the homestead qualified the homestead for an exemption under Section 11.13 was a tax year beginning on or after January 1, 2026.

  amended