| Old | New | Differences | |
|---|---|---|---|
| 1 | 1 | 87R289 SMT-D | |
| 2 | 2 | By: Cain H.B. No. 1421 | |
| 3 | 3 | ||
| 4 | 4 | ||
| 5 | 5 | A BILL TO BE ENTITLED | |
| 6 | 6 | AN ACT | |
| 7 | 7 | relating to the temporary exemption from ad valorem taxation of a | |
| 8 | 8 | portion of the appraised value of certain property damaged by a | |
| 9 | 9 | disaster. | |
| 10 | 10 | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | |
| 11 | 11 | SECTION 1. Section 11.43(s), Tax Code, is amended to read as | |
| 12 | 12 | follows: | |
| 13 | 13 | (s) A person who qualifies for an exemption under Section | |
| 14 | 14 | 11.35(b) must apply for the exemption not later than the 105th day | |
| 15 | 15 | after the date the governor declares the area in which the person's | |
| 16 | 16 | qualified property is located to be a disaster area. [A person who | |
| 17 | 17 | qualifies for an exemption under Section 11.35(c) must apply for | |
| 18 | 18 | the exemption not later than the 45th day after the date the | |
| 19 | 19 | governing body of the taxing unit adopts the exemption.] The chief | |
| 20 | 20 | appraiser may extend the deadline [deadlines] prescribed by this | |
| 21 | 21 | subsection for good cause shown. | |
| 22 | 22 | SECTION 2. Sections 11.35(c), (d), and (e), Tax Code, are | |
| 23 | 23 | repealed. | |
| 24 | 24 | SECTION 3. The change in law made by this Act applies only | |
| 25 | 25 | to ad valorem taxes imposed for a tax year that begins on or after | |
| 26 | 26 | the effective date of this Act. | |
| 27 | 27 | SECTION 4. This Act takes effect January 1, 2022. |