Bill Text: TX SB46 | 2017 | 85th Legislature 1st Special Session | Introduced
Bill Title: Relating to the effect of a sale of property on the tax lien on the property to secure the payment of taxes, penalties, and interest imposed on the property as a result of the addition to the appraisal roll of property or appraised value that was erroneously exempted in a prior year.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2017-07-17 - Filed [SB46 Detail]
Download: Texas-2017-SB46-Introduced.html
85S10246 SMH-F | ||
By: Hinojosa | S.B. No. 46 |
|
||
|
||
relating to the effect of a sale of property on the tax lien on the | ||
property to secure the payment of taxes, penalties, and interest | ||
imposed on the property as a result of the addition to the appraisal | ||
roll of property or appraised value that was erroneously exempted | ||
in a prior year. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Section 11.43, Tax Code, is amended by adding | ||
Subsection (i-1) to read as follows: | ||
(i-1) If the chief appraiser adds property or appraised | ||
value that was erroneously exempted in a prior year to the appraisal | ||
roll as required by Subsection (i), a tax lien may not be enforced | ||
against the property to secure the payment of any taxes, penalties, | ||
or interest imposed for that year on the property as a result of the | ||
addition of the property or appraised value if at any time after | ||
January 1 of that year the property was sold in an arm's length | ||
transaction to a person who was not related to the seller within the | ||
first degree by consanguinity or affinity, as determined under | ||
Chapter 573, Government Code. | ||
SECTION 2. This Act takes effect on the date on which the | ||
constitutional amendment proposed by the 85th Legislature, 1st | ||
Called Session, 2017, relating to the effect of a sale of property | ||
on the tax lien on the property to secure the payment of ad valorem | ||
taxes, penalties, and interest imposed on the property as a result | ||
of the addition to the appraisal roll of property or property value | ||
that was erroneously exempted in a prior year takes effect. If that | ||
amendment is not approved by the voters, this Act has no effect. |