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.