| 1 | 1 | | 86R5782 JES-F |
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| 2 | 2 | | By: Darby H.B. No. 3822 |
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| 3 | 3 | | |
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| 4 | 4 | | |
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| 5 | 5 | | A BILL TO BE ENTITLED |
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| 6 | 6 | | AN ACT |
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| 7 | 7 | | relating to the calculation of the ad valorem taxes imposed on |
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| 8 | 8 | | property for the year in which the property is acquired by a |
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| 9 | 9 | | governmental entity. |
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| 10 | 10 | | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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| 11 | 11 | | SECTION 1. Section 26.11(a), Tax Code, is amended to read as |
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| 12 | 12 | | follows: |
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| 13 | 13 | | (a) If the federal government, the state, or a political |
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| 14 | 14 | | subdivision of the state acquires the right to possession of |
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| 15 | 15 | | taxable property under a court order issued in condemnation |
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| 16 | 16 | | proceedings, takes possession of taxable property under a |
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| 17 | 17 | | possession and use agreement or under Section 21.021, Property |
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| 18 | 18 | | Code, or acquires title to taxable property, the amount of the tax |
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| 19 | 19 | | due on the property is calculated by multiplying the amount of taxes |
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| 20 | 20 | | imposed on the property for the entire year as determined as |
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| 21 | 21 | | provided by Section 26.09 of this code by a fraction, the |
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| 22 | 22 | | denominator of which is 365 and the numerator of which is the number |
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| 23 | 23 | | of days that elapsed prior to the date of the conveyance, the |
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| 24 | 24 | | effective date of the possession and use agreement, the date the |
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| 25 | 25 | | entity took possession under Section 21.021, Property Code, or the |
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| 26 | 26 | | date of the order granting the right of possession, as applicable. |
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| 27 | 27 | | SECTION 2. This Act applies only to a possession and use |
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| 28 | 28 | | agreement entered into or an award made under Section 21.021, |
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| 29 | 29 | | Property Code, on or after the effective date of this Act. A |
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| 30 | 30 | | possession and use agreement entered into or an award made under |
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| 31 | 31 | | Section 21.021, Property Code, before the effective date of this |
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| 32 | 32 | | Act is governed by the law applicable to the agreement or award |
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| 33 | 33 | | immediately before the effective date of this Act, and that law is |
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| 34 | 34 | | continued in effect for that purpose. |
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| 35 | 35 | | SECTION 3. This Act takes effect immediately if it receives |
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| 36 | 36 | | a vote of two-thirds of all the members elected to each house, as |
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| 37 | 37 | | provided by Section 39, Article III, Texas Constitution. If this |
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| 38 | 38 | | Act does not receive the vote necessary for immediate effect, this |
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| 39 | 39 | | Act takes effect September 1, 2019. |
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