79R6670 JD-F


By:  Hamric                                                       H.B. No. 2926



A BILL TO BE ENTITLED

AN ACT

relating to the procedure for listing property in the appraisal 
records following certain ad valorem tax sales.
	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:                        
	SECTION 1.  Section 34.015, Tax Code, is amended by adding 
Subsection (k-1) to read as follows:
	(k-1)  If within six months of the date of a sale of real 
property under Section 34.01, the successful bidder does not 
exhibit to the officer who conducted the sale an unexpired 
statement that complies with Subsection (k), the officer who 
conducted the sale shall provide a copy of the officer's return to 
the county assessor-collector for each county in which the real 
property is located.  On receipt of the officer's return, the county 
assessor-collector shall file the copy with the county clerk of the 
county in which the county assessor-collector serves.  The county 
clerk shall record the return in records kept for that purpose and 
shall index and cross-index the return in the name of the successful 
bidder at the auction and each former owner of the property.  The 
chief appraiser of each appraisal district that appraises the real 
property for taxation may list the successful bidder in the 
appraisal records of that district as the owner of the property.
	SECTION 2.  This Act takes effect immediately if it receives 
a vote of two-thirds of all the members elected to each house, as 
provided by Section 39, Article III, Texas Constitution.  If this 
Act does not receive the vote necessary for immediate effect, this 
Act takes effect September 1, 2005.