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A BILL TO BE ENTITLED
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AN ACT
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relating to the effect of a sale of property on the tax lien on the |
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property to secure the payment of taxes, penalties, and interest |
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imposed on the property as a result of the addition to the appraisal |
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roll of property or appraised value that was erroneously exempted |
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in a prior year. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 11.43, Tax Code, is amended by adding |
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Subsection (i-1) to read as follows: |
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(i-1) If the chief appraiser adds property or appraised |
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value that was erroneously exempted in a prior year to the appraisal |
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roll as required by Subsection (i), a tax lien may not be enforced |
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against the property to secure the payment of any taxes, penalties, |
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or interest imposed for that year on the property as a result of the |
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addition of the property or appraised value if at any time after |
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January 1 of that year the property was sold in an arm's length |
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transaction to a person who was not related to the seller within the |
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first degree by consanguinity or affinity, as determined under |
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Chapter 573, Government Code. |
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SECTION 2. This Act takes effect September 1, 2017. |
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