| Old | New | Differences | |
|---|---|---|---|
| 1 | 1 | 89R15530 CS-D | |
| 2 | 2 | By: Creighton S.B. No. 2684 | |
| 3 | 3 | ||
| 4 | 4 | ||
| 5 | 5 | ||
| 6 | 6 | ||
| 7 | 7 | A BILL TO BE ENTITLED | |
| 8 | 8 | AN ACT | |
| 9 | 9 | relating to a requirement that a bill for ad valorem taxes imposed | |
| 10 | 10 | by a taxing unit include certain information about bonds issued by | |
| 11 | 11 | the taxing unit. | |
| 12 | 12 | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | |
| 13 | 13 | SECTION 1. Section 31.01, Tax Code, is amended by adding | |
| 14 | 14 | Subsection (c-3) to read as follows: | |
| 15 | 15 | (c-3) In addition to information required to be included in | |
| 16 | 16 | a tax bill under Subsection (c), the assessor-collector for a | |
| 17 | 17 | taxing unit shall list the following information on the reverse | |
| 18 | 18 | side of the bill if practicable, or in a separate statement | |
| 19 | 19 | accompanying the bill: | |
| 20 | 20 | (1) each outstanding bond that has been issued by the | |
| 21 | 21 | taxing unit; | |
| 22 | 22 | (2) for each outstanding bond: | |
| 23 | 23 | (A) the maturity date of the bond; and | |
| 24 | 24 | (B) if applicable, a statement that the bond will | |
| 25 | 25 | be paid in full during that tax year; and | |
| 26 | 26 | (3) the amount of tax owed by the property owner to the | |
| 27 | 27 | taxing unit for the current tax year that is attributable to the | |
| 28 | 28 | taxing unit's debt service for bonds for that tax year. | |
| 29 | 29 | SECTION 2. The change in law made by this Act applies only | |
| 30 | 30 | to a tax bill mailed on or after the effective date of this Act. | |
| 31 | 31 | SECTION 3. This Act takes effect September 1, 2025. |