| 1 | 1 | | By: Jones of Harris H.B. No. 4646 |
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| 2 | 2 | | |
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| 3 | 3 | | |
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| 4 | 4 | | A BILL TO BE ENTITLED |
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| 5 | 5 | | AN ACT |
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| 6 | 6 | | relating to the payment of ad valorem taxes in installments. |
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| 7 | 7 | | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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| 8 | 8 | | SECTION 1. Section 31.031(a), Tax Code, is amended to read |
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| 9 | 9 | | as follows: |
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| 10 | 10 | | (a) This section applies only to: |
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| 11 | 11 | | (1) an individual who is: |
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| 12 | 12 | | (A) disabled or at least 65 years of age; and |
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| 13 | 13 | | (B) qualified for an exemption under Section |
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| 14 | 14 | | 11.13(c); [or] |
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| 15 | 15 | | (2) an individual who is: |
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| 16 | 16 | | (A) a disabled veteran or the unmarried surviving |
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| 17 | 17 | | spouse of a disabled veteran; and |
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| 18 | 18 | | (B) qualified for an exemption under Section |
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| 19 | 19 | | 11.132 or 11.22; or |
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| 20 | 20 | | (3) an individual who is qualified for an exemption |
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| 21 | 21 | | under Section 11.13 and: |
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| 22 | 22 | | (A) is not delinquent in the payment of taxes |
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| 23 | 23 | | imposed on property that the individual owns and occupies as a |
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| 24 | 24 | | residence homestead; |
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| 25 | 25 | | (B) acquired the property that the individual |
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| 26 | 26 | | owns and occupies as a residence homestead by devise or descent |
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| 27 | 27 | | during the preceding five tax years; or |
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| 28 | 28 | | (C) in the calendar year preceding the current |
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| 29 | 29 | | tax year, had an aggregate adjusted gross income as defined by 26 |
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| 30 | 30 | | U.S.C. Section 62 of less than $300,000. |
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| 31 | 31 | | SECTION 2. The changes in law made by this Act apply only to |
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| 32 | 32 | | ad valorem taxes imposed for an ad valorem tax year that begins on |
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| 33 | 33 | | or after the effective date of this Act. |
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| 34 | 34 | | SECTION 3. This Act takes effect January 1, 2024. |
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