Bill Text: TX HJR88 | 2023-2024 | 88th Legislature | Introduced


Bill Title: Proposing a constitutional amendment to lengthen the period for redeeming the residence homestead of an elderly person sold at an ad valorem tax sale.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2023-03-03 - Referred to Ways & Means [HJR88 Detail]

Download: Texas-2023-HJR88-Introduced.html
  88R8800 SHH-D
 
  By: Dutton H.J.R. No. 88
 
 
 
A JOINT RESOLUTION
  proposing a constitutional amendment to lengthen the period for
  redeeming the residence homestead of an elderly person sold at an ad
  valorem tax sale.
         BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Section 13(c), Article VIII, Texas Constitution,
  is amended to read as follows:
         (c)  The former owner of a residence homestead, land
  designated for agricultural use, or a mineral interest sold for
  unpaid taxes has [shall within two years from date of the filing for
  record of the Purchaser's Deed have] the right to redeem the
  property within two years from the date of filing of the purchaser's
  deed or, if the property was the residence homestead of a person who
  is 65 years of age or older, within four years from the date of
  filing of the purchaser's deed on the following basis:
               (1)  Within the first year of the redemption period,
  upon the payment of the amount of money paid for the property,
  including the Tax Deed Recording Fee and all taxes, penalties,
  interest, and costs paid plus an amount not exceeding 25 percent of
  the aggregate total; and
               (2)  Within the remainder [last year] of the redemption
  period, upon the payment of the amount of money paid for the
  property, including the Tax Deed Recording Fee and all taxes,
  penalties, interest, and costs paid plus an amount not exceeding 50
  percent of the aggregate total.
         SECTION 2.  The following temporary provision is added to
  the Texas Constitution:
         TEMPORARY PROVISION. (a) This temporary provision applies
  to the constitutional amendment proposed by the 88th Legislature,
  Regular Session, 2023, to lengthen the period for redeeming the
  residence homestead of an elderly person sold at an ad valorem tax
  sale.
         (b)  The amendment to Section 13(c), Article VIII, of this
  constitution takes effect January 1, 2024.
         (c)  The amendment applies only to the redemption of real
  property sold at a tax sale for which the purchaser's deed is filed
  for record on or after the effective date of the amendment. The
  redemption of real property sold at a tax sale for which the
  purchaser's deed is filed for record before the effective date of
  the amendment is governed by the former law, and the former law is
  continued in effect for that purpose.
         (d)  This temporary provision expires January 1, 2026.
         SECTION 3.  This proposed constitutional amendment shall be
  submitted to the voters at an election to be held November 7, 2023.
  The ballot shall be printed to permit voting for or against the
  proposition: "The constitutional amendment to lengthen the period
  for redeeming the residence homestead of a person 65 years of age or
  older sold at an ad valorem tax sale."
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