78R10840 SMH-F


By:  Hilderbran                                                   H.B. No. 837

Substitute the following for H.B. No. 837:                                    

By:  Quintanilla                                              C.S.H.B. No. 837



A BILL TO BE ENTITLED

AN ACT

relating to the ad valorem taxes imposed on the residence homestead 
of an elderly person.
	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:                        
	SECTION 1.  Section 11.13, Tax Code, is amended by adding 
Subsection (s) to read as follows:
	(s)  A person who receives an exemption authorized by 
Subsection (c) or (d) for an individual 65 years of age or older for 
a tax year and who subsequently establishes a different residence 
homestead during the same tax year may not qualify for an exemption 
authorized by Subsection (c) or (d) for an individual 65 years of 
age or older on the subsequent residence homestead before January 1 
of the following tax year.
	SECTION 2.  Section 26.112(a), Tax Code, is amended to read 
as follows:      
	(a)  If [Except as provided by Section 26.10(b), if] at any 
time during a tax year property is owned by an individual who 
qualifies for an exemption under Section 11.13(c) or (d) for an 
individual 65 years of age or older, the amount of the tax due on the 
property for the tax year is calculated as if the person qualified 
for the exemption on January 1 and continued to qualify for the 
exemption for the remainder of the tax year.
	SECTION 3.  Section 26.10(b), Tax Code, is repealed.                           
	SECTION 4.  This Act takes effect January 1, 2004, and 
applies only to ad valorem taxes imposed for a tax year that begins 
on or after that date.