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A BILL TO BE ENTITLED
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AN ACT
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relating to the form of a rendition statement or property report |
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used to render property for ad valorem tax purposes. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 22.24(e), Tax Code, is amended to read as |
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follows: |
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(e) To be valid, a rendition or report must be sworn to |
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before an officer authorized by law to administer an oath. The |
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comptroller may not prescribe or approve a rendition or report form |
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unless the form provides for the person filing the form to swear |
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that the information provided in the rendition or report is true and |
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accurate to the best of the person's knowledge and belief. This |
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subsection does not apply to a rendition or report filed: |
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(1) by a secured party, as defined by Section 22.01; |
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(2) by[,] the property owner; |
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(3) by[,] an employee of the property owner; |
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(4) by[, or] an employee of a property owner on behalf |
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of an affiliated entity of the property owner; or |
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(5) on behalf of a property owner who is rendering |
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tangible personal property used for the production of income and |
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whose good faith estimate of the market value of that property is |
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not more than $500,000. |
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SECTION 2. The change in law made by this Act applies only |
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to the rendition of property for ad valorem tax purposes for a tax |
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year that begins on or after January 1, 2024. |
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SECTION 3. This Act takes effect January 1, 2024. |