HOUSE BILL 1125 |
HOUSE AUTHOR: Flores |
EFFECTIVE: See below |
SENATE SPONSOR: Staples |
House Bill 1125 amends the Tax Code to allow the owner of a mineral interest sold for unpaid ad valorem taxes to a purchaser other than a taxing unit to redeem the mineral interest on or before the second anniversary of the date on which the purchaser's deed is filed for record. House Bill 1125 takes effect January 1, 2004, contingent on voter approval of the constitutional amendment proposed by House Joint Resolution 51.