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 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
- HB 393 (2026): Ad Valorem Tax Exemption for Disabled Veterans
- HB 789 (2026): Ad Valorem Tax Levies
- HB 799 (2026): Ad Valorem Tax Revenue in Fiscally Constrained Counties
- HB 827 (2026): Disclosure of Estimated Ad Valorem Taxes
- HJR 1275 (2026): Prohibition on Levying Ad Valorem Taxes on Tangible Personal Property
- HJR 787 (2026): County and School District Ad Valorem Taxing Authority
- SB 1430 (2026): Ad Valorem Tax Exemption for Nonprofit Homes for the Aged
Record ad-valorem