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Amend SB 340 as follows:
(1) In the recital to SECTION 1 of the bill (House Committee Printing page 1, line 6), strike "(i)" and substitute "(j)".
(2) At the end of SECTION 1 of the bill, following proposed
Section 22.01(i), Tax Code (House Committee Printing page 3,
following line 8), add the following:
(j) Subsection (a) does not apply to property:
(1) that was exempt in the preceding tax year;
(2) that is described by Section 11.145, 11.15, 11.16,
11.161, or 11.25; or
(3) subject to Section 22.02(b), for which the
property owner has timely filed an application for an exemption.
(3) Between SECTIONS 1 and 2 of the bill (House Committee
Printing page 3, between lines 8 and 9), insert the following
SECTION, appropriately numbered, and renumber the subsequent
SECTIONS of the bill accordingly:
SECTION __. Section 22.02, Tax Code, is amended to read as
follows:
Sec. 22.02. RENDITION OF PROPERTY LOSING EXEMPTION DURING
TAX YEAR OR FOR WHICH EXEMPTION APPLICATION IS DENIED. (a) If an
exemption applicable to a property on January 1 terminates during
the tax year, the person who owns or acquires the property on the
date applicability of the exemption terminates shall render the
property for taxation within 30 days after the date of termination.
(b) If the chief appraiser denies an application for an
exemption for property described by Section 22.01(a), the person
who owns the property on the date the application is denied shall
render the property for taxation in the manner provided by Section
22.01 within 30 days after the date of denial.