PROP TX-SUBDIVISION VALUE

What it does

The legislature's own summary of the bill, or its official long title.

Amends the Property Tax Code. In provisions concerning platted and subdivided but undeveloped property, provides that (i) beginning with the 2025 taxable year, no property's assessed value shall be reduced to less than $150 under those provisions and (ii) beginning with the 2035 taxable year, no property shall be eligible for calculation of its assessed value under those provisions for more than a 10-year period.

Every action

14 steps, oldest first, as the legislature records them.

1. May 9, 2025SenateRule 2-10 Committee/3rd Reading Deadline Established As May 23, 2025
2. May 23, 2025SenateRule 2-10 Committee/3rd Reading Deadline Established As June 1, 2025
3. Jun 2, 2025CommitteeRule 3-9(a) / Re-referred to Assignments · Senate Assignments
4. Jan 27, 2026CommitteeRe-assigned to Revenue · Senate Revenue
5. Mar 13, 2026SenateRule 2-10 Committee Deadline Established As April 24, 2026
6. Apr 24, 2026SenateRule 2-10 Committee/3rd Reading Deadline Established As May 15, 2026
7. May 15, 2026SenateRule 2-10 Committee/3rd Reading Deadline Established As May 22, 2026
8. May 22, 2026CommitteeRule 3-9(a) / Re-referred to Assignments · Senate Assignments

Roll calls

No recorded votes on this bill yet.

Sponsors

The member who introduced it.

• Meg Loughran CappelD Primary sponsor · District 49