By:  Flores                                           H.J.R. No. 93
       73R1573 SOS-D
                                  A JOINT RESOLUTION
    1-1  proposing a constitutional amendment to reduce the period for
    1-2  redemption of certain property sold at a tax sale.
    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 taxes
   1-11  have not been paid; and the deed of conveyance to the purchaser for
   1-12  all lands and other property thus sold shall be held to vest a good
   1-13  and perfect title in the purchaser thereof, subject to be impeached
   1-14  only for actual fraud; provided, that the former owner shall within
   1-15  the period provided by Subsection (b) of this section <two years
   1-16  from date of the filing for record of the Purchaser's Deed> have
   1-17  the right to redeem the land 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 not exceeding twenty-five
   1-22  (25%) percent of the aggregate total;
   1-23              (2)  Within the last half <year> of the redemption
   1-24  period upon the payment of the amount of money paid for the land,
    2-1  including One ($1.00) Dollar Tax Deed Recording Fee and all taxes,
    2-2  penalties, interest and costs paid plus not exceeding fifty (50%)
    2-3  percent of the aggregate total.
    2-4        (b)  The redemption period for property that was the
    2-5  residence homestead of the former owner at the time of the sale is
    2-6  two years from the date of filing for record of the deed of
    2-7  conveyance to the purchaser, and the redemption period for all
    2-8  other property is the 180 days after that date.
    2-9        SECTION 2.  This proposed constitutional amendment shall be
   2-10  submitted to the voters at an election to be held November 2, 1993.
   2-11  The ballot shall be printed to provide for voting for or against
   2-12  the proposition:  "The constitutional amendment reducing from two
   2-13  years to 180 days the period for redemption of property that was
   2-14  sold at a tax sale and that was not the residence homestead of the
   2-15  former owner at the time of the sale."