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A BILL TO BE ENTITLED
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AN ACT
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relating to ad valorem tax liens on personal property. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 32.01(b), Tax Code, is amended to read as |
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follows: |
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(b) A tax lien on inventory, furniture, equipment, or other |
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personal property is a lien in solido and attaches to all inventory, |
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furniture, equipment, and other personal property that the property |
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owner owns on January 1 of the year the lien attaches or that the |
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property owner subsequently acquires, irrespective of whether the |
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personal property is located within the boundaries of the taxing |
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unit in whose favor the lien attaches. |
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SECTION 2. This Act takes effect immediately if it receives |
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a vote of two-thirds of all the members elected to each house, as |
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provided by Section 39, Article III, Texas Constitution. If this |
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Act does not receive the vote necessary for immediate effect, this |
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Act takes effect September 1, 2015. |