By Homer                                              H.J.R. No. 76
         77R8493 JD-D                           
                                 A JOINT RESOLUTION
 1-1     proposing a constitutional amendment to shorten the period during
 1-2     which the former owner of real property sold at an ad valorem tax
 1-3     sale may redeem the property.
 1-4           BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS:
 1-5           SECTION 1. Sections 13(c) and (e), Article VIII, Texas
 1-6     Constitution, are amended to read as follows:
 1-7           (c)  The former owner of a residence homestead sold for
 1-8     unpaid taxes and the former owner of land designated for
 1-9     agricultural use sold for unpaid taxes shall within one year [two
1-10     years] from date of the filing for record of the Purchaser's Deed
1-11     have the right to redeem the property on the following basis:
1-12                 (1)  Within the first six months [year] of the
1-13     redemption period, upon the payment of the amount of money paid for
1-14     the property, including the Tax Deed Recording Fee and all taxes,
1-15     penalties, interest, and costs paid plus an amount not exceeding 25
1-16     percent of the aggregate total; and
1-17                 (2)  Within the last six months [year] of the
1-18     redemption period, upon the payment of the amount of money paid for
1-19     the property, including the Tax Deed Recording Fee and all taxes,
1-20     penalties, interest, and costs paid plus an amount not exceeding 50
1-21     percent of the aggregate total.
1-22           (e)  The former owner of real property not covered by
1-23     Subsection (c) of this section sold for unpaid taxes shall within
1-24     three [six] months from the date of filing for record of the
 2-1     Purchaser's Deed have the right to redeem the property upon the
 2-2     payment of the amount of money paid for the property, including the
 2-3     Tax Deed Recording Fee and all taxes, penalties, interest, and
 2-4     costs paid plus an amount not exceeding 25 percent of the aggregate
 2-5     total.
 2-6           SECTION 2. The following temporary provision is added to the
 2-7     Texas Constitution:
 2-8           TEMPORARY PROVISION. (a)  This temporary provision applies to
 2-9     the amendment to Section 13, Article VIII, of this constitution
2-10     proposed by ___.J.R. No.____, 77th Legislature, Regular Session,
2-11     2001, and expires January 1, 2005.
2-12           (b)  The amendment takes effect January 1, 2002.
2-13           (c)  The amendment applies to redemption of real property
2-14     sold at a tax sale for which the purchaser's deed is filed for
2-15     record on or after the effective date of the amendment. Redemption
2-16     of real property sold at a tax sale for which the purchaser's deed
2-17     is filed for record before the effective date of the amendment is
2-18     covered by the former law, and the former law is continued in
2-19     effect for that purpose.
2-20           SECTION 3. This proposed constitutional amendment shall be
2-21     submitted to the voters at an election to be held November 6, 2001.
2-22     The ballot shall be printed to provide for voting for or against
2-23     the proposition:  "The constitutional amendment to shorten the
2-24     period in which the former owner of real property sold at an ad
2-25     valorem tax sale may redeem the property."