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A BILL TO BE ENTITLED
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AN ACT
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relating to the required payment of taxes by an owner of a property |
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used for nuclear electric power generation who appeals certain ad |
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valorem tax determinations. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 42.08, Tax Code, is amended by amending |
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Subsection (b) and adding Subsection (b-2) to read as follows: |
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(b) Except as provided by Subsections (b-2) and [in
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Subsection] (d), a property owner who appeals as provided by this |
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chapter must pay taxes on the property subject to the appeal in the |
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amount required by this subsection before the delinquency date or |
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the property owner forfeits the right to proceed to a final |
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determination of the appeal. The amount of taxes the property owner |
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must pay on the property before the delinquency date to comply with |
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this subsection is the lesser of: |
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(1) the amount of taxes due on the portion of the |
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taxable value of the property that is not in dispute; |
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(2) the amount of taxes due on the property under the |
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order from which the appeal is taken; or |
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(3) the amount of taxes imposed on the property in the |
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preceding tax year. |
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(b-2) This subsection applies only to an appeal in which the |
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property subject to the appeal is used for nuclear electric power |
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generation, as that term is defined by Section 313.024(e). The |
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amount of taxes the property owner must pay on the property before |
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the delinquency date in order to proceed to a determination of the |
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appeal is the amount of taxes due on the property under the order |
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from which the appeal is taken. |
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SECTION 2. The changes in law made by this Act apply only to |
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an appeal under Chapter 42, Tax Code, for which the petition for |
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review is filed on or after the effective date of this Act. |
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SECTION 3. This Act takes effect immediately if it receives |
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a vote of two-thirds of all the members elected to each house, as |
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provided by Section 39, Article III, Texas Constitution. If this |
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Act does not receive the vote necessary for immediate effect, this |
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Act takes effect September 1, 2019. |