| 1 | 1 | | 89R3887 LHC-D |
|---|
| 2 | 2 | | By: West S.B. No. 2551 |
|---|
| 3 | 3 | | |
|---|
| 4 | 4 | | |
|---|
| 5 | 5 | | |
|---|
| 6 | 6 | | |
|---|
| 7 | 7 | | A BILL TO BE ENTITLED |
|---|
| 8 | 8 | | AN ACT |
|---|
| 9 | 9 | | relating to the eligibility of an individual to pay the ad valorem |
|---|
| 10 | 10 | | taxes imposed on the individual's residence homestead in |
|---|
| 11 | 11 | | installments. |
|---|
| 12 | 12 | | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
|---|
| 13 | 13 | | SECTION 1. The heading to Section 31.031, Tax Code, is |
|---|
| 14 | 14 | | amended to read as follows: |
|---|
| 15 | 15 | | Sec. 31.031. INSTALLMENT PAYMENTS OF RESIDENCE [CERTAIN] |
|---|
| 16 | 16 | | HOMESTEAD TAXES. |
|---|
| 17 | 17 | | SECTION 2. Sections 31.031(a-1) and (a-2), Tax Code, are |
|---|
| 18 | 18 | | amended to read as follows: |
|---|
| 19 | 19 | | (a-1) An individual [to whom this section applies] may pay a |
|---|
| 20 | 20 | | taxing unit's taxes imposed on property that the person owns and |
|---|
| 21 | 21 | | occupies as a residence homestead in four equal installments |
|---|
| 22 | 22 | | without penalty or interest if the first installment is paid before |
|---|
| 23 | 23 | | the delinquency date and is accompanied by notice to the taxing unit |
|---|
| 24 | 24 | | that the person will pay the remaining taxes in three equal |
|---|
| 25 | 25 | | installments. If the delinquency date is February 1, the second |
|---|
| 26 | 26 | | installment must be paid before April 1, the third installment must |
|---|
| 27 | 27 | | be paid before June 1, and the fourth installment must be paid |
|---|
| 28 | 28 | | before August 1. If the delinquency date is a date other than |
|---|
| 29 | 29 | | February 1, the second installment must be paid before the first day |
|---|
| 30 | 30 | | of the second month after the delinquency date, the third |
|---|
| 31 | 31 | | installment must be paid before the first day of the fourth month |
|---|
| 32 | 32 | | after the delinquency date, and the fourth installment must be paid |
|---|
| 33 | 33 | | before the first day of the sixth month after the delinquency date. |
|---|
| 34 | 34 | | (a-2) Notwithstanding the deadline prescribed by Subsection |
|---|
| 35 | 35 | | (a-1) for payment of the first installment, an individual [to whom |
|---|
| 36 | 36 | | this section applies] may pay the taxes in four equal installments |
|---|
| 37 | 37 | | as provided by Subsection (a-1) if the first installment is paid and |
|---|
| 38 | 38 | | the required notice is provided before the first day of the first |
|---|
| 39 | 39 | | month after the delinquency date. |
|---|
| 40 | 40 | | SECTION 3. Section 31.031(a), Tax Code, is repealed. |
|---|
| 41 | 41 | | SECTION 4. This Act applies only to ad valorem taxes imposed |
|---|
| 42 | 42 | | for a tax year beginning on or after the effective date of this Act. |
|---|
| 43 | 43 | | SECTION 5. This Act takes effect January 1, 2026. |
|---|