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Constitutional Law - Texas; Constitutional Law - United States; Homesteads; Municipalities; Taxes and Fees; Public Finance; Tax and Revenue Bonds; Taxes and Taxation - Political Subdivisions; Exemptions

DM-0031

Texas Attorney General Opinion

Impair contract to pay bondholders with ad valorem tax revenues, municipality may not increase homestead exemption if increase would | Homestead exemption, municipality may not increase if increase would impair municipality's contract to pay bondholders with ad valorem tax revenues | Increase homestead exemption, municipality may not if increase would impair municipality's contract to pay bondholders with ad valorem tax revenues

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Sourced from Texas Attorney General.

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.