From the 89th RECAP – Tax Relief

HB 9 - Relating to an exemption from ad valorem taxation of a portion of the appraised value of tangible personal property a person owns that is held or used for the production of income.

This is the tax cut bill for businesses and allows for a $125,000 exemption of all personal property used in the production of income (this could include park-owned personal property MH)

SB 4 - Relating to an increase in the amount of the exemption of residence homesteads from ad valorem taxation by a school district

This is the tax cut for homeowners and does so by increasing the homestead exemption from $100,000 to $140,000 (Note manufactured homes, both real and personal property, are eligible for these exemption benefits). Seniors and Texans with disabilities get an additional $60,000 (total of $200,000 in exemption)

TMHA continues to strongly recommend to all MH community owners to encourage residents to file for their homestead protection/benefits and for retailers to notify consumers that a significant portion, possibly all, (based on the valuation of their home) of their home purchase could be exempt from local school taxes annual ad valorem taxes.

HB 2037 - Relating to repairs made pursuant to a tenant's notice of intent to repair and the refund of a tenant's security deposit.

Landlords will like this change because it allows for landlord and tenant email communication if they have previously communicated by email, and if the tenant makes certain repairs for health and safety that their landlord will not make after they have been requested, the tenant must hire a licensed contractor and document the work and expense (i.e. the tenant can’t “hire” their brother-in-law to do the work)