Bill Text: TX HB1059 | 2013-2014 | 83rd Legislature | Comm Sub
Bill Title: Relating to installment payments of the ad valorem taxes imposed on the residence homesteads of certain individuals.
Spectrum: Partisan Bill (Republican 3-0)
Status: (Introduced - Dead) 2013-05-07 - Committee report sent to Calendars [HB1059 Detail]
Download: Texas-2013-HB1059-Comm_Sub.html
83R15131 DDT-D | |||
By: Bonnen of Galveston, Kacal, et al. | H.B. No. 1059 | ||
Substitute the following for H.B. No. 1059: | |||
By: Hilderbran | C.S.H.B. No. 1059 |
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relating to installment payments of the ad valorem taxes imposed on | ||
the residence homesteads of certain individuals. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Section 31.031, Tax Code, is amended by amending | ||
Subsections (a-1), (b), (c), and (d) and adding Subsection (a-2) to | ||
read as follows: | ||
(a-1) An [ |
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whom this section applies may pay [ |
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taxing unit's taxes imposed on property that the person owns and | ||
occupies as a residence homestead in four equal installments | ||
without penalty or interest if the first installment is paid before | ||
the delinquency date and is[ |
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unit that the person will pay the remaining taxes in three equal | ||
installments[ |
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[ |
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installment before June 1, and the fourth [ |
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before August 1. | ||
(a-2) Notwithstanding the deadline prescribed by Subsection | ||
(a-1) for payment of the first installment, an individual to whom | ||
this section applies may pay the taxes in four equal installments as | ||
provided by Subsection (a-1) if the first installment is paid and | ||
the required notice is provided before March 1. | ||
(b) If the individual fails to make a payment, including the | ||
first payment, before the applicable date provided by Subsection | ||
(a-1) [ |
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six percent and interest as provided by Section 33.01(c). The | ||
penalty provided by Section 33.01(a) does not apply to the unpaid | ||
amount. | ||
(c) An individual may pay more than the amount due for each | ||
installment and the amount in excess of the amount due shall be | ||
credited to the next installment. An individual may not pay less | ||
than the total amount due for each installment unless the collector | ||
provides for the acceptance of partial payments under this section. | ||
If the collector accepts a partial payment, penalties and interest | ||
are incurred only by the amount of each installment that remains | ||
unpaid on the applicable date provided by Subsection (a-1) [ |
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(d) If the delinquency date for taxes to which this section | ||
applies is postponed to May 1 or a later date, the collector shall | ||
extend each installment deadline provided by Subsection (a-1) [ |
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by the number of months that the delinquency date was postponed. | ||
SECTION 2. This Act applies only to ad valorem taxes imposed | ||
for a tax year beginning on or after the effective date of this Act. | ||
SECTION 3. This Act takes effect September 1, 2013. |