Relating to adjustments in the appraised value of a residence homestead.

This bill changes how Texas appraisers adjust property tax values for homeowners' primary residences (homesteads). It limits annual increases to 3% of the previous year's value plus that year's value plus new home improvements. If a home's market value decreases, adjustments would reflect the drop percentage plus new improvements. The bill aims to prevent sudden large tax jumps for homeowners after property value changes, effective September 2025.