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HomeMy WebLinkAboutOrd 984-2022 Amending Code Article 2.03 to Adopt a Partial Homestead Property Tax ExemptionCITY OF ANNA, TEXAS ORDINANCE NO. 1?94. AN ORDINANCE OF THE CITY OF ANNA, TEXAS, AMENDING ARTICLE 2.03 OF THE ANNA CITY CODE OF ORDINANCES TO ADOPT A PARTIAL EXEMPTION FROM AD VALOREM TAXES FOR RESIDENTIAL HOMESTEADS; PROVIDING A SAVINGS CLAUSE; PROVIDING A SEVERABILITY CLAUSE; PROVIDING AN EFFECTIVE DATE; AND PROVIDING FOR THE PUBLICATION OF THE CAPTION HEREOF. WHEREAS, the City of Anna, Texas is a duly formed home -rule municipality; and WHEREAS, Texas Tax Code § 11.13(n) allows a municipality to adopt an exemption for residential homesteads that is in addition to the residential homestead exemption set forth in other subsections of said statute; and WHEREAS, under the City of Anna Home Rule Charter § 7.19(b), the City has the power to grant tax exemptions in accordance with the laws of the State of Texas; and WHEREAS, this exemption shall apply in all subsequent tax years unless and until the City repeals the exemption; and WHEREAS, the City Council of the City of Anna, Texas finds that the exemption adopted under this ordinance is in the best interest of the citizens of the City of Anna, Texas; NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF ANNA, TEXAS, THAT: Section 1. Recitals Incorporated. The above -referenced recitals are incorporated herein as the findings of the City Council as if set forth in full. City of Anna, Texas Ordinance No. - 90aa Page 1 of 3 Section 2. Code amended; exemption adopted. 2.01 The Anna City Code of Ordinances is hereby amended to add a new Section 2.03.032 to read as follows: Article 3.02 TAXATION Division 2. Property Tax I ... ) Sec. 2.03.032 Residential Homestead Exemption (a) Homestead exemption granted. Upon compliance with all requirements of this section and all other applicable laws and resolutions, _% of the assessed value of residence homestead of an individual shall be exempt from ad valorem taxes levied by the city. If the percentage set herein produces an exemption in a tax year of less than five thousand dollars ($5,000.00) when applied to a particular residence homestead, the individual is entitled to an exemption of five thousand dollars ($5,000.00) of appraised value. (b) Effective date: duration. The exemption granted by this section shall be effective as to such residence homesteads as may qualify hereunder commencing with the 2022 tax year. The exemption shall remain in effect from year to year unless and until it is repealed by ordinance adopted by the City Council. (c) Limitations of exemption. The exemption authorized hereby shall extend only to a residential homestead as same may be defined by the laws of the state. Such exemptions shall be allowed only if the property in question is in fact a residential homestead of the individual during the tax year and the individual has otherwise complied with all applicable laws and regulations. Section 3. Savings, Severability and Repealing Clauses. All ordinances of the City in conflict with the provisions of this ordinance are repealed to the extent of that conflict. If any provision of this ordinance shall be held to be invalid or unconstitutional, the remainder of such ordinance shall continue in full force and effect City of Anna, Texas Ordinance No. 99q- goaa Page 2 of 3 the same as if such invalid or unconstitutional provision had never been a part hereof. The City declares that it would have passed this ordinance, and each section, subsection, clause, or phrase thereof irrespective of the fact that any one or more section, subsection, sentence, clause, and phrase be declared unconstitutional or invalid. Section 4. Publication of the Caption Hereof and Effective Date. This ordinance shall be in full force and effective from and after its passage and upon the posting and/or publication, if required by law, of its caption and the City Secretary is hereby directed to implement such posting and/or publication. PASSED, ADOPTED AND APPROVED by the City Council of the City of Anna, Texas, this 28t' day of June 2022. ATTESTED: APPROVED: eAA A a, 64.7f. ° • S City Secretary, Carrie L. Land: May�p_ ate Pike c 4K • !lllllltJ City of Anna, Texas Ordinance No. �W qy4- 2-Page 3 of 3