Bill Text: TX HB2324 | 2013-2014 | 83rd Legislature | Comm Sub
Bill Title: Relating to the calculation of penalty on a delinquent ad valorem tax.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2013-05-01 - Committee report sent to Calendars [HB2324 Detail]
Download: Texas-2013-HB2324-Comm_Sub.html
83R23314 DDT-D | |||
By: N. Gonzalez of El Paso | H.B. No. 2324 | ||
Substitute the following for H.B. No. 2324: | |||
By: Hilderbran | C.S.H.B. No. 2324 |
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relating to the calculation of penalty on a delinquent ad valorem | ||
tax. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Section 33.01(a), Tax Code, is amended to read as | ||
follows: | ||
(a) A delinquent tax incurs a penalty of four [ |
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of the amount of the tax for the first calendar month it is | ||
delinquent plus one percent for each additional month or portion of | ||
a month the tax remains unpaid prior to July 1 of the year in which | ||
it becomes delinquent. However, a tax delinquent on July 1 incurs a | ||
total penalty of 10 [ |
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tax without regard to the number of months the tax has been | ||
delinquent. A delinquent tax continues to incur the penalty | ||
provided by this subsection as long as the tax remains unpaid, | ||
regardless of whether a judgment for the delinquent tax has been | ||
rendered. | ||
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 January 1, 2014. |