Bill Text: TX SB443 | 2019-2020 | 86th Legislature | Comm Sub
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Bill Title: Relating to the period for which a property owner may receive a residence homestead exemption from ad valorem taxation for property that is rendered uninhabitable or unusable as a result of a disaster.
Spectrum: Slight Partisan Bill (Republican 3-1)
Status: (Passed) 2019-06-04 - Effective immediately [SB443 Detail]
Download: Texas-2019-SB443-Comm_Sub.html
Bill Title: Relating to the period for which a property owner may receive a residence homestead exemption from ad valorem taxation for property that is rendered uninhabitable or unusable as a result of a disaster.
Spectrum: Slight Partisan Bill (Republican 3-1)
Status: (Passed) 2019-06-04 - Effective immediately [SB443 Detail]
Download: Texas-2019-SB443-Comm_Sub.html
By: Hancock, Hinojosa | S.B. No. 443 | |
(In the Senate - Filed January 24, 2019; February 14, 2019, | ||
read first time and referred to Committee on Property Tax; | ||
April 1, 2019, reported adversely, with favorable Committee | ||
Substitute by the following vote: Yeas 5, Nays 0; April 1, 2019, | ||
sent to printer.) | ||
COMMITTEE SUBSTITUTE FOR S.B. No. 443 | By: Hancock |
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relating to the period for which a property owner may receive a | ||
residence homestead exemption from ad valorem taxation for property | ||
that is rendered uninhabitable or unusable as a result of a | ||
disaster. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Section 11.135, Tax Code, is amended by amending | ||
Subsection (a) and adding Subsection (a-1) to read as follows: | ||
(a) If a qualified residential structure for which the owner | ||
receives an exemption under Section 11.13 is rendered uninhabitable | ||
or unusable by a casualty or by wind or water damage, the owner may | ||
continue to receive the exemption for the structure and the land and | ||
improvements used in the residential occupancy of the structure | ||
while the owner constructs a replacement qualified residential | ||
structure on the land if the owner does not establish a different | ||
principal residence for which the owner receives an exemption under | ||
Section 11.13 during that period and intends to return and occupy | ||
the structure as the owner's principal residence. To continue to | ||
receive the exemption, the owner must begin active construction of | ||
the replacement qualified residential structure or other physical | ||
preparation of the site on which the structure is to be located not | ||
later than the first anniversary, or the fifth anniversary for a | ||
property described by Subsection (a-1)(1), of the date the owner | ||
ceases to occupy the former qualified residential structure as the | ||
owner's principal residence. | ||
(a-1) An [ |
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under Section 11.13 for [ |
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described by Subsection (a) [ |
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(1) five years if: | ||
(A) the property is located in an area declared | ||
to be a disaster area by the governor following a disaster; and | ||
(B) the residential structure located on the | ||
property is rendered uninhabitable or unusable as a result of the | ||
disaster; or | ||
(2) two years if Subdivision (1) does not apply. | ||
SECTION 2. This Act takes effect immediately if it receives | ||
a vote of two-thirds of all the members elected to each house, as | ||
provided by Section 39, Article III, Texas Constitution. If this | ||
Act does not receive the vote necessary for immediate effect, this | ||
Act takes effect September 1, 2019. | ||
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