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A BILL TO BE ENTITLED
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AN ACT
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relating to an exception to the renewal requirement for |
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agricultural and timber tax exemption registration numbers issued |
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to or held by persons who are at least 65 years of age. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 151.1551, Tax Code, is amended by adding |
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Subsection (f-1) to read as follows: |
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(f-1) Notwithstanding Subsection (f), a registration number |
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issued to or held by a person who is 65 years of age or older does |
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not expire and is not required to be renewed. |
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SECTION 2. Section 151.1551(f-1), Tax Code, as added by |
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this Act, does not apply to a registration number that expired |
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before the effective date of this Act and was not renewed. |
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SECTION 3. The changes in law made by this Act do not affect |
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tax liability accruing before the effective date of this Act. That |
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liability continues in effect as if this Act had not been enacted, |
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and the former law is continued in effect for the collection of |
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taxes due and for civil and criminal enforcement of the liability |
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for those taxes. |
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SECTION 4. This Act takes effect January 1, 2024. |