Ad valorem
Latin for "according to value." An ad valorem tax is a percentage of what something is worth. Texas property taxes are ad valorem taxes: they are based on the appraised value of a home, land or business property. Florida property taxes are ad valorem taxes too.
Plain meaning written by PSI Sci editors from the linked source. Source: Legal Information Institute (Cornell Law School), Wex
Also written: ad valorem tax, ad valorem taxation
Measures that use this word
- HB 2011 (202526): Decreasing the rate of ad valorem tax imposed by a school district, increasing the extent of exemption for residential property from the statewide school levy and providing for certain transfers to the state school distr
- HB 2784 (202526): Decreasing the rate of ad valorem tax imposed by a school district and providing for certain transfers to the state school district finance fund.
- HB 2794 (202526): Decreasing the rate of ad valorem tax imposed by a school district.
- HB 2795 (202526): Decreasing the rate of ad valorem tax imposed by a school district.
- SB 489 (202526): Providing for a universal homestead exemption from ad valorem property taxation.
- SB 532 (202526): Decreasing the rate of ad valorem tax imposed by a school district.
- SB 303 (202526): House Substitute for SB 303 by Committee on Taxation - Decreasing the rate of ad valorem tax imposed by a school district, discontinuing certain sales tax exemptions, imposing sales tax on certain sales of lottery ticket
- HB 1131 (2026): Ad Valorem Tax Exemption for Nonprofit Homes for the Aged
- HB 1277 (2026): Prohibition on Levying Ad Valorem Taxes on Tangible Personal Property
- HB 215 (2026): Ad Valorem Taxation
Record ad-valorem