New tax cap figured into appraisal data

The preliminary, estimated appraisal district tax roll for 2025 will this year reflect, for the first time, a new law providing a 20% cap for taxpayers on non-residential homesteads for how much their property taxes may increase in one year.The law, referred to as the “circuit breaker limitation,” was approved by the Texas Legislature in 2023 and implemented for 2024 property valuati...

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