88R9424 LHC-D
By: Paul, Raymond H.B. No. 2121
A BILL TO BE ENTITLED
AN ACT
relating to the form of a rendition statement or property report
used to render property for ad valorem tax purposes.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 22.24(e), Tax Code, is amended to read as
follows:
(e) To be valid, a rendition or report must be sworn to
before an officer authorized by law to administer an oath. The
comptroller may not prescribe or approve a rendition or report form
unless the form provides for the person filing the form to swear
that the information provided in the rendition or report is true and
accurate to the best of the person's knowledge and belief. This
subsection does not apply to a rendition or report filed:
(1) by a secured party, as defined by Section 22.01;
(2) by[,] the property owner;
(3) by[,] an employee of the property owner;
(4) by[, or] an employee of a property owner on behalf
of an affiliated entity of the property owner; or
(5) on behalf of a property owner who is rendering
tangible personal property used for the production of income and
whose good faith estimate of the market value of that property is
not more than $500,000.
SECTION 2. The change in law made by this Act applies only
to the rendition of property for ad valorem tax purposes for a tax
year that begins on or after January 1, 2024.
SECTION 3. This Act takes effect January 1, 2024.