1 | 1 | | 89R3197 DRS-D |
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2 | 2 | | By: Cole H.B. No. 1860 |
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3 | 3 | | |
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4 | 4 | | |
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5 | 5 | | |
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6 | 6 | | |
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7 | 7 | | A BILL TO BE ENTITLED |
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8 | 8 | | AN ACT |
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9 | 9 | | relating to disclosure by the landlord of a residential multiunit |
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10 | 10 | | complex to a tenant of the percentage of the tenant's monthly rent |
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11 | 11 | | payment attributable to the property taxes due for the complex. |
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12 | 12 | | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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13 | 13 | | SECTION 1. Subchapter A, Chapter 92, Property Code, is |
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14 | 14 | | amended by adding Section 92.027 to read as follows: |
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15 | 15 | | Sec. 92.027. DISCLOSURE OF PROPERTY TAX AS PERCENTAGE OF |
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16 | 16 | | RENT. (a) In this section, "landlord" and "multiunit complex" have |
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17 | 17 | | the meanings assigned to those terms by Section 92.151. |
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18 | 18 | | (b) This section applies only to a multiunit complex for |
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19 | 19 | | which an online apartment portal is maintained for payment of rent. |
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20 | 20 | | (c) As soon as practicable after receiving the bill for |
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21 | 21 | | property taxes due on a multiunit complex described by Subsection |
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22 | 22 | | (b), the landlord shall: |
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23 | 23 | | (1) notify each tenant that the information described |
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24 | 24 | | by this subsection is available on the online apartment portal; and |
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25 | 25 | | (2) publish on the online apartment portal: |
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26 | 26 | | (A) the total amount of property taxes due for |
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27 | 27 | | the multiunit complex for that tax year; and |
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28 | 28 | | (B) for each tenant, in a section of the portal |
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29 | 29 | | accessible only to the tenant, the percentage of the tenant's |
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30 | 30 | | monthly rent payment attributable to the property taxes due for the |
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31 | 31 | | multiunit complex. |
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32 | 32 | | SECTION 2. Section 92.027, Property Code, as added by this |
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33 | 33 | | Act, applies only to information for a tax year that begins on or |
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34 | 34 | | after the effective date of this Act. |
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35 | 35 | | SECTION 3. This Act takes effect January 1, 2026. |
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