By Yost                                                H.B. No. 141
       74R311 SMH-D
                                 A BILL TO BE ENTITLED
    1-1                                AN ACT
    1-2  relating to the publication of property tax exemption information.
    1-3        BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
    1-4        SECTION 1.  Section 31.01(c), Tax Code, is amended to read as
    1-5  follows:
    1-6        (c)  The tax bill or a separate statement accompanying the
    1-7  tax bill shall:
    1-8              (1)  identify the property subject to the tax;
    1-9              (2)  state the appraised value, assessed value, and
   1-10  taxable value of the property;
   1-11              (3)  if the property is land appraised as provided by
   1-12  Subchapter C, D, or E, Chapter 23 <of this code>, state the market
   1-13  value and the taxable value for purposes of deferred or additional
   1-14  taxation as provided by Section 23.46, 23.55, or 23.76, as
   1-15  applicable<, of this code>;
   1-16              (4)  state the assessment ratio for the unit;
   1-17              (5)  state the type and amount of any partial exemption
   1-18  applicable to the property, indicating whether it applies to
   1-19  appraised or assessed value;
   1-20              (6)  state the total tax rate for the unit;
   1-21              (7)  state the amount of tax due, the due date, and the
   1-22  delinquency date;
   1-23              (8)  explain the payment option and discounts provided
   1-24  by Sections 31.03 and 31.05 <of this code>, if available to the
    2-1  unit's taxpayers, and state the date on which each of the discount
    2-2  periods provided by Section 31.05 concludes, if the discounts are
    2-3  available;
    2-4              (9)  state the rates of penalty and interest imposed
    2-5  for delinquent payment of the tax;
    2-6              (10)  state in boldfaced or other conspicuous type that
    2-7  the taxpayer may obtain from the chief appraiser or the comptroller
    2-8  information relating to qualifying for and receiving any tax
    2-9  exemption that may apply to the property and state the mailing
   2-10  addresses and telephone numbers of the chief appraiser and the
   2-11  comptroller; and
   2-12              (11) <(10)>  include any other information required by
   2-13  the comptroller.
   2-14        SECTION 2.  This Act takes effect January 1, 1996.
   2-15        SECTION 3.  The importance of this legislation and the
   2-16  crowded condition of the calendars in both houses create an
   2-17  emergency and an imperative public necessity that the
   2-18  constitutional rule requiring bills to be read on three several
   2-19  days in each house be suspended, and this rule is hereby suspended.