| 1 | | - | By: Moody, Martinez Fischer, Bonnen of Galveston H.B. No. 1022 |
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| 2 | | - | (Senate Sponsor - RodrÃguez) |
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| 3 | | - | (In the Senate - Received from the House April 29, 2015; |
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| 4 | | - | May 4, 2015, read first time and referred to Committee on Finance; |
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| 5 | | - | May 14, 2015, reported favorably by the following vote: Yeas 14, |
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| 6 | | - | Nays 0; May 14, 2015, sent to printer.) |
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| 7 | | - | Click here to see the committee vote |
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| 1 | + | H.B. No. 1022 |
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| 11 | 4 | | AN ACT |
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| 12 | 5 | | relating to the eligibility for an exemption from ad valorem |
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| 13 | 6 | | taxation of the residence homestead of certain persons with a life |
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| 14 | 7 | | estate in the homestead property. |
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| 15 | 8 | | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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| 16 | 9 | | SECTION 1. Section 11.13(j)(1), Tax Code, is amended to |
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| 17 | 10 | | read as follows: |
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| 18 | 11 | | (1) "Residence homestead" means a structure |
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| 19 | 12 | | (including a mobile home) or a separately secured and occupied |
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| 20 | 13 | | portion of a structure (together with the land, not to exceed 20 |
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| 21 | 14 | | acres, and improvements used in the residential occupancy of the |
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| 22 | 15 | | structure, if the structure and the land and improvements have |
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| 23 | 16 | | identical ownership) that: |
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| 24 | 17 | | (A) is owned by one or more individuals, either |
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| 25 | 18 | | directly or through a beneficial interest in a qualifying trust; |
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| 26 | 19 | | (B) is designed or adapted for human residence; |
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| 27 | 20 | | (C) is used as a residence; and |
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| 28 | 21 | | (D) is occupied as the individual's principal |
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| 29 | 22 | | residence by an owner, by an owner's surviving spouse who has a life |
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| 30 | 23 | | estate in the property, or, for property owned through a beneficial |
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| 31 | 24 | | interest in a qualifying trust, by a trustor or beneficiary of the |
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| 32 | 25 | | trust who qualifies for the exemption. |
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| 33 | 26 | | SECTION 2. This Act applies only to an ad valorem tax year |
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| 34 | 27 | | that begins on or after the effective date of this Act. |
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| 35 | 28 | | SECTION 3. This Act takes effect January 1, 2016. |
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| 36 | | - | * * * * * |
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| 29 | + | ______________________________ ______________________________ |
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| 30 | + | President of the Senate Speaker of the House |
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| 31 | + | I certify that H.B. No. 1022 was passed by the House on April |
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| 32 | + | 28, 2015, by the following vote: Yeas 144, Nays 0, 2 present, not |
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| 33 | + | voting. |
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| 34 | + | ______________________________ |
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| 35 | + | Chief Clerk of the House |
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| 36 | + | I certify that H.B. No. 1022 was passed by the Senate on May |
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| 37 | + | 20, 2015, by the following vote: Yeas 31, Nays 0. |
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| 38 | + | ______________________________ |
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| 39 | + | Secretary of the Senate |
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| 40 | + | APPROVED: _____________________ |
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| 41 | + | Date |
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| 42 | + | _____________________ |
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| 43 | + | Governor |
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