79R13398 MFC-D
By: Van de Putte S.B. No. 580
Substitute the following for S.B. No. 580:
By: Ritter C.S.S.B. No. 580
A BILL TO BE ENTITLED
AN ACT
relating to the installment payment of ad valorem taxes by certain
veterans.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 31.072, Tax Code, is amended by adding
Subsection (h) to read as follows:
(h) Notwithstanding Subsection (a), if the property owner
requesting a collector to establish an escrow account under this
section is a disabled veteran as defined by Section 11.22 or a
recipient of the Purple Heart and the escrow account is to be used
solely to provide for the payment of property taxes collected by the
collector on the property owner's residence homestead, the
collector shall enter into a contract with the property owner under
this section.
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.