1-1  By:  Solomons (Senate Sponsor - Haywood)              H.B. No. 1882
    1-2        (In the Senate - Received from the House May 1, 1995;
    1-3  May 2, 1995, read first time and referred to Committee on Finance;
    1-4  May 17, 1995, reported favorably by the following vote:  Yeas 12,
    1-5  Nays 0; May 17, 1995, sent to printer.)
    1-6                         A BILL TO BE ENTITLED
    1-7                                AN ACT
    1-8  relating to installment payments of ad valorem taxes imposed on the
    1-9  residence homestead of a disabled person.
   1-10        BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
   1-11        SECTION 1.  Section 31.031(a), Tax Code, is amended to read
   1-12  as follows:
   1-13        (a)  If before the delinquency date an individual who is
   1-14  disabled or at least 65 years of age and is qualified for an
   1-15  <claims the elderly homestead> exemption under Section 11.13(c)
   1-16  <and> pays at least one-fourth of a taxing unit's taxes imposed on
   1-17  property that the person owns and occupies as a residence
   1-18  homestead, accompanied by notice to the taxing unit that the person
   1-19  will pay the remaining taxes in installments, the person may pay
   1-20  the remaining taxes without penalty or interest in three equal
   1-21  installments.  The first installment must be paid before April 1,
   1-22  the second installment before June 1, and the third installment
   1-23  before August 1.
   1-24        SECTION 2.  The importance of this legislation and the
   1-25  crowded condition of the calendars in both houses create an
   1-26  emergency and an imperative public necessity that the
   1-27  constitutional rule requiring bills to be read on three several
   1-28  days in each house be suspended, and this rule is hereby suspended,
   1-29  and that this Act take effect and be in force from and after its
   1-30  passage, and it is so enacted.
   1-31                               * * * * *