The digital content on TLO has been updated to align with the accessibility standards required by WCAG 2.1.
Amend SB 447, in SECTION 1 of the bill, proposed Section
274.001, Local Government Code (committee printing, on page 1,
lines 17-24), by striking proposed Subdivision (3) and
substituting:
(3) "Tax receivable" means a right to receive the
revenue from:
(A) a delinquent ad valorem tax imposed by a
local government on real property for a specific tax year or a
specific tax account, other than a delinquent ad valorem tax
imposed on real property that, on the date the tax was imposed:
(1) had been granted a residence homestead
exemption under Section 11.13, Tax Code; or
(2) was appraised under a law enacted under
Section 1-d or 1-d-1, Article VIII, Texas Constitution; and
(B) a delinquent assessment or other charge
imposed by a local government that is secured by a lien on real
property, other than a lien on real property that, on the date the
lien was perfected, was a property described by Paragraph (A)(1) or
(2).