|
|
A BILL TO BE ENTITLED
|
|
|
AN ACT
|
|
|
relating to the waiver of penalty and interest on a taxing unit's |
|
|
delinquent payment of its allocation of the budget of an appraisal |
|
|
district. |
|
|
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
|
|
SECTION 1. Section 6.06, Tax Code, is amended by adding |
|
|
Subsection (k) to read as follows: |
|
|
(k) For good cause shown, the board of directors may waive |
|
|
the penalty and interest on a delinquent payment under Subsection |
|
|
(e). |
|
|
SECTION 2. (a) Subsection (k), Section 6.06, Tax Code, as |
|
|
added by this Act, applies to the waiver of penalty and interest on |
|
|
a payment that becomes delinquent under Subsection (e), Section |
|
|
6.06, Tax Code, before, on, or after the effective date of this Act. |
|
|
(b) An appraisal district may refund a payment of penalty |
|
|
and interest that was made by a taxing unit under Subsection (e), |
|
|
Section 6.06, Tax Code, before the effective date of this Act if the |
|
|
board of directors of the appraisal district waives the penalty and |
|
|
interest as provided by Subsection (k), Section 6.06, Tax Code, as |
|
|
added by this Act. |
|
|
SECTION 3. 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, 2007. |