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A BILL TO BE ENTITLED
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AN ACT
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relating to the authority of certain persons who qualify for a |
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residence homestead exemption from ad valorem taxation during a tax |
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year to receive the exemption in that year. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 11.42, Tax Code, is amended by amending |
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Subsection (c) and adding Subsection (e-1) to read as follows: |
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(c) An exemption authorized by Section 11.13(c) or (d), |
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11.132, 11.133, or 11.134 is effective as of January 1 of the tax |
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year in which the person qualifies for the exemption and applies to |
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the entire tax year, regardless of whether the property subject to |
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the exemption: |
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(1) was developed as of January 1 of that tax year; |
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(2) was subdivided after January 1 of that tax year but |
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before the person qualified for the exemption; |
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(3) had a physical address on January 1 of that tax |
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year; or |
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(4) was identified in the appraisal district's records |
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as a separate property with its own unique account number on January |
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1 of that tax year. |
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(e-1) Subsection (e) applies to a person who qualifies for |
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an exemption under Section 11.131 after January 1 of a tax year |
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regardless of whether the property subject to the exemption: |
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(1) was developed as of January 1 of that tax year; |
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(2) was subdivided after January 1 of that tax year but |
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before the person qualified for the exemption; |
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(3) had a physical address on January 1 of that tax |
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year; or |
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(4) was identified in the appraisal district's records |
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as a separate property with its own unique account number on January |
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1 of that tax year. |
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SECTION 2. This Act applies only to an ad valorem tax year |
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that begins 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, 2025. |