HB2392 - Relating to the payment in installments of ad valorem taxes on a residence homestead.

      By: Martinez Fischer H.B. No. 2392       A BILL TO BE ENTITLED   AN ACT   relating to the payment in installments of ad valorem taxes on a   residence homestead.          BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:          SECTION 1.  The heading to Section 31.031, Tax Code, is   amended to read as follows:          Sec. 31.031.  INSTALLMENT PAYMENTS OF [ CERTAIN HOMESTEAD ]   TAXES ON RESIDENCE HOMESTEADS AND ON CERTAIN PROPERTY OF DISABLED   VETERANS .          SECTION 2.  Sections 31.031(a), (a-1), and (a-2), Tax Code,   are amended to read as follows:          (a)  This section applies only to[ :                [ (1) ]  an individual who is[ :                      [ (A)  disabled or at least 65 years of age; and                      [ (B) ]  qualified for an exemption under Section   11.13, [ Section 11.13(c); or                [ (2)  an individual who is:                      [ (A)     a disabled veteran or the unmarried   surviving spouse of a disabled veteran; and                      [ (B)  qualified for an exemption under Section ]   11.132 , or 11.22.          (a-1)  An individual to whom this section applies may pay a   taxing unit's taxes imposed on property that the person owns and   occupies as a residence homestead or for which the person receives   an exemption under Section 11.22 in 10 [ four ] equal installments   without penalty or interest if the first installment is paid before   the delinquency date and is accompanied by notice to the taxing unit   that the person will pay the remaining taxes in nine [ three ] equal   installments. Each of the remaining nine installments must be paid   before the first day of each month for each of the nine months   following the date on which the first installment is paid. [ If the   delinquency date is February 1, the second installment must be paid   before April 1, the third installment must be paid before June 1,   and the fourth installment must be paid before August 1. If the   delinquency date is a date other than February 1, the second   installment must be paid before the first day of the second month   after the delinquency date, the third installment must be paid   before the first day of the fourth month after the delinquency date,   and the fourth installment must be paid before the first day of the   sixth month after the delinquency date. ]          (a-2)  Notwithstanding the deadline prescribed by Subsection   (a-1) for payment of the first installment, an individual to whom   this section applies may pay the taxes in 10 [ four ] equal   installments as provided by Subsection (a-1) if the first   installment is paid and the required notice is provided before the   first day of the first month after the delinquency date.          SECTION 3.  This Act applies only to ad valorem taxes imposed   for a tax year beginning on or after the effective date of this Act.          SECTION 4.  This Act takes effect January 1, 2026.