By Madden H.B. No. 1041
74R2785 SMH-D
A BILL TO BE ENTITLED
1-1 AN ACT
1-2 relating to the filing of a late application for a residence
1-3 homestead exemption from ad valorem taxation.
1-4 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-5 SECTION 1. Section 11.431, Tax Code, is amended to read as
1-6 follows:
1-7 Sec. 11.431. Late Application of Homestead Exemption.
1-8 <(a)> The chief appraiser shall accept and approve or deny an
1-9 application for a residence homestead exemption after the deadline
1-10 for filing it has passed if it is filed not later than October 1
1-11 <one year after the date the taxes on the homestead were paid or
1-12 became delinquent, whichever is earlier.>
1-13 <(b) If a late application is approved after approval of the
1-14 appraisal records by the appraisal review board, the chief
1-15 appraiser shall notify the collector for each unit in which the
1-16 residence is located. The collector shall deduct from the person's
1-17 tax bill the amount of tax imposed on the exempted amount if the
1-18 tax has not been paid. If the tax has been paid, the collector
1-19 shall refund the amount of tax imposed on the exempted amount>.
1-20 SECTION 2. This Act takes effect January 1, 1996, and
1-21 applies only to an application for a residence homestead exemption
1-22 from taxes imposed for tax years beginning on or after that date.
1-23 An application for a residence homestead exemption from taxes
1-24 imposed before that date is governed by the law in effect when the
2-1 taxes were imposed, and the former law is continued in effect for
2-2 that purpose.
2-3 SECTION 3. The importance of this legislation and the
2-4 crowded condition of the calendars in both houses create an
2-5 emergency and an imperative public necessity that the
2-6 constitutional rule requiring bills to be read on three several
2-7 days in each house be suspended, and this rule is hereby suspended.