By: Goldman H.B. No. 2327
A BILL TO BE ENTITLED
AN ACT
relating to an exception to the renewal requirement for
agricultural and timber tax exemption registration numbers issued
to or held by persons who are at least 65 years of age.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 151.1551, Tax Code, is amended by adding
Subsection (f-1) to read as follows:
(f-1) Notwithstanding Subsection (f), a registration number
issued to or held by a person who is 65 years of age or older does
not expire and is not required to be renewed.
SECTION 2. Section 151.1551(f-1), Tax Code, as added by
this Act, does not apply to a registration number that expired
before the effective date of this Act and was not renewed.
SECTION 3. The changes in law made by this Act do not affect
tax liability accruing before the effective date of this Act. That
liability continues in effect as if this Act had not been enacted,
and the former law is continued in effect for the collection of
taxes due and for civil and criminal enforcement of the liability
for those taxes.
SECTION 4. This Act takes effect January 1, 2024.