H.B. No. 2730 amends the Texas Tax Code to clarify the authority of the chief appraiser in an appraisal district regarding the exemption from ad valorem taxation for residence homesteads. The bill specifies that while exemptions do not need to be claimed in subsequent years and remain in effect until ownership changes or qualifications change, the chief appraiser can require individuals who previously received an exemption to file a new application to confirm their current qualification. This requirement is contingent upon the chief appraiser delivering written notice and an application form to the individual.

Additionally, the bill introduces new conditions under which the chief appraiser may require a new application for a residence homestead exemption. Specifically, the chief appraiser must have reason to believe that the individual no longer qualifies for the exemption, must have attempted to verify the individual's qualification, and must provide written notice detailing the reasons for this belief. The bill aims to ensure that the process for confirming exemption qualifications is fair and transparent, particularly for individuals aged 65 and older, who are afforded additional protections against cancellation of their exemptions.

Statutes affected:
Introduced: Tax Code 11.43 (Tax Code 11)
House Committee Report: Tax Code 11.43 (Tax Code 11)
Engrossed: Tax Code 11.43 (Tax Code 11)
Senate Committee Report: Tax Code 11.43 (Tax Code 11)
Enrolled: Tax Code 11.43 (Tax Code 11)