Bill Text: TX SB1352 | 2025-2026 | 89th Legislature | Introduced
Bill Title: Relating to the deadline for filing an application for certain ad valorem tax exemptions or allocations and the calculation of the penalty for filing a late application for such an exemption or allocation.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced) 2025-02-18 - Filed [SB1352 Detail]
Download: Texas-2025-SB1352-Introduced.html
| 89R3710 MLH-F | ||
| By: Hinojosa of Nueces | S.B. No. 1352 | |
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| relating to the deadline for filing an application for certain ad | ||
| valorem tax exemptions or allocations and the calculation of the | ||
| penalty for filing a late application for such an exemption or | ||
| allocation. | ||
| BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
| SECTION 1. Section 11.43, Tax Code, is amended by adding | ||
| Subsection (d-1) to read as follows: | ||
| (d-1) If the chief appraiser extends the deadline for a | ||
| property owner to file a rendition statement or property report to | ||
| May 15 under Section 22.23(b), the chief appraiser shall also | ||
| extend the deadline for the property owner to file an application | ||
| for an exemption under Section 11.251 to May 15. For good cause | ||
| shown, the chief appraiser may further extend the deadline for | ||
| filing an exemption application by written order for a single | ||
| period not to exceed 60 days from the deadline prescribed by | ||
| Subsection (d). | ||
| SECTION 2. Section 11.4391(b), Tax Code, is amended to read | ||
| as follows: | ||
| (b) If the application is approved, the property owner is | ||
| liable to each taxing unit allowing the exemption for a penalty in | ||
| an amount equal to the lesser of: | ||
| (1) 10 percent of the difference between the amount of | ||
| tax imposed by the taxing unit on the inventory or property, a | ||
| portion of which consists of freeport goods, and the amount that | ||
| would otherwise have been imposed; or | ||
| (2) 10 percent of the amount of tax imposed by the | ||
| taxing unit on the inventory or property, a portion of which | ||
| consists of freeport goods. | ||
| SECTION 3. Section 21.09, Tax Code, is amended by adding | ||
| Subsection (b-1) to read as follows: | ||
| (b-1) If the chief appraiser extends the deadline for a | ||
| property owner to file a rendition statement or property report to | ||
| May 15 under Section 22.23(b), the chief appraiser shall also | ||
| extend the deadline for the property owner to file an allocation | ||
| application form to May 15. For good cause shown, the chief | ||
| appraiser shall further extend the deadline for filing an | ||
| allocation application form by written order for a period not to | ||
| exceed 30 days from the deadline prescribed by Subsection (b). | ||
| SECTION 4. Section 21.10(b), Tax Code, is amended to read as | ||
| follows: | ||
| (b) If the application is approved, the property owner is | ||
| liable to each taxing unit for a penalty in an amount equal to the | ||
| lesser of: | ||
| (1) 10 percent of the difference between the amount of | ||
| tax imposed by the taxing unit on the property without the | ||
| allocation and the amount of tax imposed on the property with the | ||
| allocation; or | ||
| (2) 10 percent of the amount of tax imposed by the | ||
| taxing unit on the property with the allocation. | ||
| SECTION 5. Section 11.43(d-1), Tax Code, as added by this | ||
| Act, and Section 11.4391(b), Tax Code, as amended by this Act, apply | ||
| only to an application for an exemption for freeport goods under | ||
| Section 11.251, Tax Code, filed on or after the effective date of | ||
| this Act. | ||
| SECTION 6. Section 21.09(b-1), Tax Code, as added by this | ||
| Act, and Section 21.10(b), Tax Code, as amended by this Act, apply | ||
| only to an application for an allocation under Section 21.09, Tax | ||
| Code, filed on or after the effective date of this Act. | ||
| SECTION 7. This Act takes effect September 1, 2025. | ||
