H.B. No. 3971
relating to the appraisal for ad valorem tax purposes of
residential real property located in a designated historic
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 23.013, Tax Code, is amended by adding
Subsection (e) to read as follows:
(e) In this subsection, “designated historic district”
means an area that is zoned or otherwise designated as a historic
district under municipal, state, or federal law. In determining
the market value of residential real property located in a
designated historic district, the chief appraiser shall consider
the effect on the property’s value of any restriction placed by the
historic district on the property owner’s ability to alter,
improve, or repair the property.
SECTION 2. This Act applies to the appraisal for ad valorem
tax purposes of residential real property only for a tax year
beginning on or after the effective date of this Act.
SECTION 3. This Act takes effect January 1, 2022.
President of the Senate Speaker of the House
I certify that H.B. No. 3971 was passed by the House on April
30, 2021, by the following vote: Yeas 140, Nays 1, 2 present, not
Chief Clerk of the House
I certify that H.B. No. 3971 was passed by the Senate on May
24, 2021, by the following vote: Yeas 30, Nays 0.
Secretary of the Senate