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A BILL TO BE ENTITLED
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AN ACT
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relating to providing notice of residence homestead exemptions from |
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ad valorem taxation to owners of certain residential real property. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 25.19, Tax Code, is amended by adding |
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Subsection (b-2) and amending Subsection (d) to read as follows: |
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(b-2) This subsection applies only to a notice of appraised |
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value for residential real property that has not qualified for a |
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residence homestead exemption in the current tax year. In addition |
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to containing the applicable information required by Subsections |
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(b), (b-1), and (f), the notice must contain the following |
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statement in boldfaced 12-point type: "According to the records of |
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the appraisal district, the residential real property described in |
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this notice of appraised value is not currently being allowed a |
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residence homestead exemption from ad valorem taxation. If the |
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property is your home and you occupy it as your principal place of |
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residence, the property may qualify for one or more residence |
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homestead exemptions, which will reduce the amount of taxes imposed |
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on the property. The form needed to apply for a residence homestead |
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exemption is enclosed. Although the form may state that the |
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deadline for filing an application for a residence homestead |
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exemption is April 30, a late application for a residence homestead |
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exemption will be accepted if filed before February 1, (insert year |
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application must be filed). There is no fee or charge for filing an |
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application or a late application for a residence homestead |
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exemption." The notice must be accompanied by an application form |
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for a residence homestead exemption. |
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(d) Failure to receive a [the] notice required by this |
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section does not affect the validity of the appraisal of the |
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property, the imposition of any tax on the basis of the appraisal, |
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the existence of any tax lien, the deadline for filing an |
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application for a residence homestead exemption, or any proceeding |
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instituted to collect the tax. |
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SECTION 2. This Act takes effect January 1, 2008. |