86R456 SMH-F
By: Hinojosa S.B. No. 434
A BILL TO BE ENTITLED
AN ACT
relating to the effect of a sale of property on the tax lien on the
property to secure the payment of ad valorem taxes, penalties, and
interest imposed on the property as a result of the addition to the
appraisal roll of property or appraised value that was erroneously
exempted in a prior year.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 11.43, Tax Code, is amended by adding
Subsection (i-1) to read as follows:
(i-1) If the chief appraiser adds property or appraised
value that was erroneously exempted in a prior year to the appraisal
roll as required by Subsection (i), a tax lien may not be enforced
against the property to secure the payment of any taxes, penalties,
or interest imposed for that year on the property as a result of the
addition of the property or appraised value if, at any time after
January 1 of that year, the property was sold in an arm's-length
transaction to a person who was not related to the seller within the
first degree by consanguinity or affinity, as determined under
Chapter 573, Government Code.
SECTION 2. This Act takes effect on the date on which the
constitutional amendment proposed by the 86th Legislature, Regular
Session, 2019, relating to the effect of a sale of property on the
tax lien on the property to secure the payment of ad valorem taxes,
penalties, and interest imposed on the property as a result of the
addition to the appraisal roll of property or property value that
was erroneously exempted in a prior year is approved by the voters.
If that amendment is not approved by the voters, this Act has no
effect.