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 |
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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 [ |
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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 [ |
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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." |