Bill Text: TX HB66 | 2023 | 88th Legislature 2nd Special Session | Introduced

Texas House Bill 66 (Prior Session Legislation)

Introduced

Bill Title: Relating to notice of eligibility for a residence homestead ad valorem tax exemption.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2023-07-07 - Filed [HB66 Detail]

Download: Texas-2023-HB66-Introduced.html

	88S20078 LHC-D

	By: Raymond	H.B. No. 66



	A BILL TO BE ENTITLED
	AN ACT
	relating to notice of eligibility for a residence homestead ad
	valorem tax exemption.
	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
	SECTION 1. Section 25.192(b), Tax Code, is amended to read
	as follows:
	(b) If the records of the appraisal district indicate that
	the address of the property is also the address of the owner of the
	property, the chief appraiser must send to the property owner a
	notice that contains:
	(1) the following statement in English and Spanish in
	boldfaced 18-point type at the top of the first page of the notice:
	"NOTICE: A residence homestead exemption from ad valorem taxation
	is NOT currently being allowed on the property listed below.
	However, our records show that this property may qualify for a
	residence homestead exemption, which will reduce your taxes.";
	(2) following the statement described by Subdivision
	(1), the following statement in English and Spanish in 12-point
	type: "According to the records of the appraisal district, the
	property described in this notice may be your primary residence and
	may qualify for a residence homestead exemption from ad valorem
	taxation. If the property is your home and you occupy it as your
	primary residence, the property likely qualifies for one or more
	residence homestead exemptions, including an exemption from
	taxation by a school district of $(insert the amount of the
	exemption provided by Section 11.13(b)) of the appraised value of
	the property, which will reduce the amount of taxes imposed on the
	property. The form needed to apply for a residence homestead
	exemption is enclosed. Although the form may state that the
	deadline for filing an application for a residence homestead
	exemption is April 30, a late application for a residence homestead
	exemption will be accepted if filed before February 1, (insert year
	application must be filed). There is no fee or charge for filing an
	application or a late application for a residence homestead
	exemption. If you have questions or would like more information,
	please call (insert appraisal district telephone number) or e-mail
	(insert appraisal district e-mail address)."; and
	(3) following the statement described by Subdivision
	(2), the address to which the notice is sent.
	SECTION 2. Chapter 2702, Insurance Code, is amended by
	adding Subchapter D to read as follows:
	SUBCHAPTER D. OTHER CLOSING SERVICES
	Sec. 2702.151. DEFINITION. In this subchapter, "residence
	homestead" has the meaning assigned by Section 11.13, Tax Code.
	Sec. 2702.152. APPLICABILITY. This subchapter does not
	apply to the closing or settlement of a real property transaction if
	the closing or settlement is not actually handled by:
	(1) a title insurance company, a title insurance
	agent, or an attorney for a title insurance company or title
	insurance agent; or
	(2) a representative of a title insurance company, a
	title insurance agent, or an attorney for a title insurance company
	or title insurance agent.
	Sec. 2702.153. NOTICE OF ELIGIBILITY FOR RESIDENCE
	HOMESTEAD EXEMPTION. In connection with the closing and settlement
	of a real property transaction relating to residential real
	property in this state, a title insurance company or title
	insurance agent shall provide to the buyer:
	(1) a notice in English and Spanish that contains the
	following statement: "If you occupy this property as your primary
	residence, the property will likely qualify for one or more
	residence homestead exemptions from ad valorem taxation, including
	an exemption from taxation by a school district of $(insert the
	amount of the exemption provided by Section 11.13(b), Tax Code) of
	the appraised value of the property, which will reduce the amount of
	taxes imposed on the property. The form needed to apply for a
	residence homestead exemption is enclosed. Although the form may
	state that the deadline for filing an application for a residence
	homestead exemption is April 30, a late application for a residence
	homestead exemption will be accepted if filed before February 1,
	(insert year application must be filed). There is no fee or charge
	for filing an application or a late application for a residence
	homestead exemption. If you have questions or would like more
	information, please call (insert appraisal district telephone
	number) or e-mail (insert appraisal district e-mail address)."; and
	(2) an application form for an exemption under Section
	11.13, Tax Code.
	SECTION 3. The change in law made by this Act to Section
	25.192, Tax Code, applies only to a tax year that begins on or after
	the effective date of this Act.
	SECTION 4. This Act takes effect on the 91st day after the
	last day of the legislative session.