Relating to an exemption from ad valorem taxation of the total appraised value of real property for which the owner of the property has prepaid those taxes.

HB 5210 allows Texas property owners to pay all future property taxes upfront in a single lump sum, exempting their property from annual ad valorem taxes. Owners submit an enrollment form and pay an amount calculated as the property’s appraised value multiplied by the state tax rate, receiving a certificate that permanently exempts the property from taxes for all future years. This exemption transfers automatically if the property is sold, applies to all real property types (not just homes), and requires additional prepayment for new improvements. The bill creates a new tax relief mechanism without changing existing tax rates or revenue collection processes.