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A BILL TO BE ENTITLED
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AN ACT
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relating to a requirement that a bill for ad valorem taxes imposed |
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by a taxing unit include certain information about bonds issued by |
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the taxing unit. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 31.01, Tax Code, is amended by adding |
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Subsection (c-3) to read as follows: |
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(c-3) In addition to information required to be included in |
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a tax bill under Subsection (c), the assessor-collector for a |
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taxing unit shall list the following information on the reverse |
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side of the bill if practicable, or in a separate statement |
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accompanying the bill: |
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(1) each outstanding bond that has been issued by the |
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taxing unit; |
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(2) for each outstanding bond: |
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(A) the maturity date of the bond; and |
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(B) if applicable, a statement that the bond will |
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be paid in full during that tax year; and |
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(3) the amount of tax owed by the property owner to the |
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taxing unit for the current tax year that is attributable to the |
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taxing unit's debt service for bonds for that tax year. |
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SECTION 2. The change in law made by this Act applies only |
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to a tax bill mailed on or after the effective date of this Act. |
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SECTION 3. This Act takes effect September 1, 2025. |