House Bill 2011 | Effective: 9-1-25 |
House Author: Bell, Cecil | House Committee: Land & Resource Management |
Senate Sponsor: Paxton et al. | Senate Committee: Local Government |
House Bill 2011 amends the Property Code to expand the conditions under which a person from whom a real property interest is acquired by an entity through eminent domain for a public use, or that person's heirs, successors, or assigns, is entitled to repurchase the property to include the entity that acquired the property through eminent domain, or the entity that acquired through eminent domain a fee simple interest in the property, having an obligation to pay property taxes on the acquired property, having received a tax bill from the taxing authority for the property taxes on the acquired property, and having failed to pay any property taxes on the acquired property before the third anniversary of the date on which the unpaid taxes became due. The bill sets out provisions relating to the repurchase entitlement under the conditions added by the bill.