89R5476 LHC-D
By: Menéndez S.B. No. 2856
A BILL TO BE ENTITLED
AN ACT
relating to the penalties and interest that may be incurred on
delinquent ad valorem taxes imposed on a residence homestead.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 33.01, Tax Code, is amended by adding
Subsections (g) and (h) to read as follows:
(g) Notwithstanding Subsections (a) and (c), a delinquent
tax on property that qualifies for an exemption under Section 11.13
that remains unpaid prior to July 1 of the year in which it becomes
delinquent incurs a total amount of penalty and interest equal to
seven percent of the amount of the tax.
(h) Notwithstanding Subsections (a), (b), and (c), a tax on
property that qualifies for an exemption under Section 11.13 that
is delinquent on July 1 incurs a total amount of penalty and
interest equal to 12 percent of the amount of the tax, regardless of
the number of months the tax has been delinquent.
SECTION 2. The changes in law made by this Act apply only to
the penalty and interest incurred on a tax that becomes delinquent
on or after the effective date of this Act. The penalty and
interest incurred on a tax that became delinquent before the
effective date of this Act are governed by the law in effect on the
date the tax became delinquent, and the former law is continued in
effect for that purpose.
SECTION 3. This Act takes effect September 1, 2025.