88R13155 MLH-D     By: Harris of Williamson H.B. No. 4491       A BILL TO BE ENTITLED   AN ACT   relating to the treatment of certain improvements for the   limitation on increases in the appraised value of a residence   homestead for ad valorem tax purposes.          BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:          SECTION 1.  Section 23.23(e), Tax Code, is amended to read as   follows:          (e)  In this section, "new improvement" means an improvement   to a residence homestead made after the most recent appraisal of the   property that increases the market value of the property and the   value of which is not included in the appraised value of the   property for the preceding tax year.  The term does not include:                (1)  repairs to or ordinary maintenance of an existing   structure or the grounds or another feature of the property; or                (2)  an improvement made using money made available   under the HOME Investment Partnerships Program or another similar   program administered by the Texas Department of Housing and   Community Affairs that provides financial assistance for the repair   and reconstruction of owner-occupied housing.          SECTION 2.  This Act applies only to the appraisal for ad   valorem tax purposes of residence homesteads for a tax year that   begins on or after the effective date of this Act.          SECTION 3.  This Act takes effect January 1, 2024.