By: Hartnett H.J.R. No. 52
73R1981 JD-D
A JOINT RESOLUTION
1-1 proposing a constitutional amendment relating to the period for
1-2 redemption of property sold for delinquent ad valorem taxes.
1-3 BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-4 SECTION 1. Article VIII, Section 13, of the Texas
1-5 Constitution is amended to read as follows:
1-6 Sec. 13. (a) Provision shall be made by the <first>
1-7 Legislature for the speedy sale, without the necessity of a suit in
1-8 Court, of a sufficient portion of all lands and other property <for
1-9 the taxes due thereon, and every year thereafter for the sale in
1-10 like manner of all lands and other property> upon which the ad
1-11 valorem taxes have not been paid; and the deed of conveyance to the
1-12 purchaser for all lands and other property thus sold shall be held
1-13 to vest a good and perfect title in the purchaser thereof, subject
1-14 to be impeached only for actual fraud; provided, that the former
1-15 owner shall within two years from date of the filing for record of
1-16 the Purchaser's Deed have the right to redeem the land, except as
1-17 provided in Subsection (b), on the following basis:
1-18 (1) Within the first half <year> of the redemption
1-19 period upon the payment of the amount of money paid for the land,
1-20 including One ($1.00) Dollar Tax Deed Recording Fee and all taxes,
1-21 penalties, interest, and costs paid, plus an amount not exceeding
1-22 twenty-five (25%) percent of the aggregate total of the taxes,
1-23 penalties, interest, and costs;
1-24 (2) Within the last half <year> of the redemption
2-1 period upon the payment of the amount of money paid for the land,
2-2 including One ($1.00) Dollar Tax Deed Recording Fee and all taxes,
2-3 penalties, interest, and costs paid, plus an amount not exceeding
2-4 fifty (50%) percent of the aggregate total of the taxes, penalties,
2-5 interest, and costs.
2-6 (b) The Legislature may provide for the reduction, to a
2-7 period of not less than one year, of the period during which a
2-8 right to redeem property that is vacant and is sold for unpaid ad
2-9 valorem taxes may be exercised. The Legislature shall set the
2-10 amount to be paid in addition to the taxes, penalties, interest,
2-11 and costs for a reduced redemption period.
2-12 SECTION 2. This proposed constitutional amendment shall be
2-13 submitted to the voters at an election to be held November 2, 1993.
2-14 The ballot shall be printed to provide for voting for or against
2-15 the proposition: "The constitutional amendment authorizing the
2-16 legislature to reduce the period for redemption of property sold
2-17 for delinquent ad valorem taxes."