1-1 By: Yost (Senate Sponsor - Ratliff) H.B. No. 1270 1-2 (In the Senate - Received from the House March 30, 1993; 1-3 March 31, 1993, read first time and referred to Committee on 1-4 Finance; April 22, 1993, reported adversely, with favorable 1-5 Committee Substitute by the following vote: Yeas 13, Nays 0; 1-6 April 22, 1993, sent to printer.) 1-7 COMMITTEE VOTE 1-8 Yea Nay PNV Absent 1-9 Montford x 1-10 Turner x 1-11 Armbrister x 1-12 Barrientos x 1-13 Bivins x 1-14 Ellis x 1-15 Haley x 1-16 Moncrief x 1-17 Parker x 1-18 Ratliff x 1-19 Sims x 1-20 Truan x 1-21 Zaffirini x 1-22 COMMITTEE SUBSTITUTE FOR H.B. No. 1270 By: Armbrister 1-23 A BILL TO BE ENTITLED 1-24 AN ACT 1-25 relating to installment payments of ad valorem taxes imposed on the 1-26 homestead of an elderly person. 1-27 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: 1-28 SECTION 1. Section 31.031(a), Tax Code, is amended to read 1-29 as follows: 1-30 (a) If before the delinquency date an individual who is at 1-31 least 65 years of age claims the elderly homestead exemption and 1-32 pays at least one-fourth of a taxing unit's taxes imposed on 1-33 property that the person owns and occupies as a residence 1-34 homestead, accompanied by notice to the taxing unit that the person 1-35 will pay the remaining taxes in installments, the person may pay 1-36 the remaining taxes without penalty or interest in three equal 1-37 installments. The first installment must be paid before April 1, 1-38 the second installment before June 1, and the third installment 1-39 before August 1. 1-40 SECTION 2. This Act takes effect September 1, 1993. 1-41 SECTION 3. The importance of this legislation and the 1-42 crowded condition of the calendars in both houses create an 1-43 emergency and an imperative public necessity that the 1-44 constitutional rule requiring bills to be read on three several 1-45 days in each house be suspended, and this rule is hereby suspended. 1-46 * * * * * 1-47 Austin, 1-48 Texas 1-49 April 22, 1993 1-50 Hon. Bob Bullock 1-51 President of the Senate 1-52 Sir: 1-53 We, your Committee on Finance to which was referred H.B. No. 1270, 1-54 have had the same under consideration, and I am instructed to 1-55 report it back to the Senate with the recommendation that it do not 1-56 pass, but that the Committee Substitute adopted in lieu thereof do 1-57 pass and be printed. 1-58 Montford, 1-59 Chairman 1-60 * * * * * 1-61 WITNESSES 1-62 FOR AGAINST ON 1-63 ___________________________________________________________________ 1-64 Name: Dan M. Wilson x 1-65 Representing: State Comptroller 1-66 City: Austin 1-67 ------------------------------------------------------------------- 1-68 Name: Walter Ely, Capital City Task Force x 2-1 Representing: AARP 2-2 City: Austin 2-3 -------------------------------------------------------------------