By: Aycock (Senate Sponsor - Shapiro) H.B. No. 2169
(In the Senate - Received from the House May 13, 2011;
May 13, 2011, read first time and referred to Committee on Finance;
May 19, 2011, reported favorably by the following vote: Yeas 10,
Nays 0; May 19, 2011, sent to printer.)
A BILL TO BE ENTITLED
AN ACT
relating to the authority of the governing body of a taxing unit to
rescind a discount for early payment of ad valorem taxes.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 31.05, Tax Code, is amended by adding
Subsection (d) to read as follows:
(d) The governing body of a taxing unit may rescind a
discount adopted by the governing body in the manner required by law
for official action by the body. The rescission of a discount takes
effect beginning in the year in which the discount is rescinded,
except that the rescission takes effect beginning in the following
year if the discount is rescinded after September 1.
SECTION 2. This Act takes effect immediately if it receives
a vote of two-thirds of all the members elected to each house, as
provided by Section 39, Article III, Texas Constitution. If this
Act does not receive the vote necessary for immediate effect, this
Act takes effect September 1, 2011.
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