H.B. No. 2254
relating to reducing the penalty for a failure by a disabled or
elderly person to make a timely installment payment of ad valorem
taxes imposed on the person's residence homestead.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 31.031(b), Tax Code, is amended to read
(b) If the individual fails to make a payment before the
applicable date provided by Subsection (a), the unpaid amount is
delinquent and incurs a penalty of six [
12] percent and interest as
provided by Section 33.01(c). The penalty provided by Section
33.01(a) does not apply to the unpaid amount.
SECTION 2. Section 31.031(b), Tax Code, as amended by this
Act, applies only to the penalty for a failure to make a timely
installment payment of taxes that occurs on or after the effective
date of this Act. The penalty for a failure to make a timely
installment payment of taxes that occurred before the effective
date of this Act is governed by the law in effect when the failure
occurred, and the former law is continued in effect for that
SECTION 3. This Act takes effect September 1, 2005.
President of the Senate Speaker of the House
I certify that H.B. No. 2254 was passed by the House on May
13, 2005, by a non-record vote.
Chief Clerk of the House
I certify that H.B. No. 2254 was passed by the Senate on May
25, 2005, by the following vote: Yeas 31, Nays 0.
Secretary of the Senate