Bill Text: TX HB150 | 2017-2018 | 85th Legislature | Enrolled
Bill Title: Relating to the exemption from ad valorem taxation of, and the deferral or abatement of ad valorem taxes on, certain residence homesteads.
Spectrum: Bipartisan Bill
Status: (Passed) 2017-06-15 - See remarks for effective date [HB150 Detail]
Download: Texas-2017-HB150-Enrolled.html
H.B. No. 150 |
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relating to the exemption from ad valorem taxation of, and the | ||
deferral or abatement of ad valorem taxes on, certain residence | ||
homesteads. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Section 11.132(b), Tax Code, is amended to read | ||
as follows: | ||
(b) A disabled veteran who has a disability rating of less | ||
than 100 percent is entitled to an exemption from taxation of a | ||
percentage of the appraised value of the disabled veteran's | ||
residence homestead equal to the disabled veteran's disability | ||
rating if the residence homestead was donated to the disabled | ||
veteran by a charitable organization: | ||
(1) at no cost to the disabled veteran; or | ||
(2) at some cost to the disabled veteran in the form of | ||
a cash payment, a mortgage, or both in an aggregate amount that is | ||
not more than 50 percent of the good faith estimate of the market | ||
value of the residence homestead made by the charitable | ||
organization as of the date the donation is made. | ||
SECTION 2. Section 33.06(d), Tax Code, is amended to read as | ||
follows: | ||
(d) A tax lien remains on the property and interest | ||
continues to accrue during the period collection of taxes is | ||
deferred or abated under this section. The annual interest rate | ||
during the deferral or abatement period is five [ |
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instead of the rate provided by Section 33.01. Interest and | ||
penalties that accrued or that were incurred or imposed under | ||
Section 33.01 or 33.07 before the date the individual files the | ||
deferral affidavit under Subsection (b) or the date the judgment | ||
abating the suit is entered, as applicable, are preserved. A | ||
penalty under Section 33.01 is not incurred during a deferral or | ||
abatement period. The additional penalty under Section 33.07 may | ||
be imposed and collected only if the taxes for which collection is | ||
deferred or abated remain delinquent on or after the 181st day after | ||
the date the deferral or abatement period expires. A plea of | ||
limitation, laches, or want of prosecution does not apply against | ||
the taxing unit because of deferral or abatement of collection as | ||
provided by this section. | ||
SECTION 3. Section 11.132(b), Tax Code, as amended by this | ||
Act, applies only to ad valorem taxes imposed for an ad valorem tax | ||
year that begins on or after the effective date of this Act. | ||
SECTION 4. Section 33.06(d), Tax Code, as amended by this | ||
Act, applies only to interest that accrues during a deferral or | ||
abatement period on or after the effective date of this Act, | ||
regardless of whether the deferral or abatement period began before | ||
that date or begins on or after that date. Interest that accrued | ||
during a deferral or abatement period before the effective date of | ||
this Act is governed by the law in effect when the interest accrued, | ||
and that law is continued in effect for that purpose. | ||
SECTION 5. This Act takes effect January 1, 2018, but only | ||
if the constitutional amendment proposed by the 85th Legislature, | ||
Regular Session, 2017, authorizing the legislature to provide for | ||
an exemption from ad valorem taxation of part of the market value of | ||
the residence homestead of a partially disabled veteran or the | ||
surviving spouse of a partially disabled veteran if the residence | ||
homestead was donated to the disabled veteran by a charitable | ||
organization for less than the market value of the residence | ||
homestead and harmonizing certain related provisions of the Texas | ||
Constitution is approved by the voters. If that amendment is not | ||
approved by the voters, this Act has no effect. | ||
______________________________ | ______________________________ | |
President of the Senate | Speaker of the House | |
I certify that H.B. No. 150 was passed by the House on May 8, | ||
2017, by the following vote: Yeas 141, Nays 4, 1 present, not | ||
voting; that the House refused to concur in Senate amendments to | ||
H.B. No. 150 on May 25, 2017, and requested the appointment of a | ||
conference committee to consider the differences between the two | ||
houses; and that the House adopted the conference committee report | ||
on H.B. No. 150 on May 28, 2017, by the following vote: Yeas 147, | ||
Nays 0, 2 present, not voting. | ||
______________________________ | ||
Chief Clerk of the House | ||
I certify that H.B. No. 150 was passed by the Senate, with | ||
amendments, on May 23, 2017, by the following vote: Yeas 31, Nays | ||
0; at the request of the House, the Senate appointed a conference | ||
committee to consider the differences between the two houses; and | ||
that the Senate adopted the conference committee report on H.B. No. | ||
150 on May 28, 2017, by the following vote: Yeas 31, Nays 0. | ||
______________________________ | ||
Secretary of the Senate | ||
APPROVED: __________________ | ||
Date | ||
__________________ | ||
Governor |