PROP TX-OMITTED PROPERTY

What it does

The legislature's own summary of the bill, or its official long title.

Amends the Property Tax Code. In counties with fewer than 3,000,000 inhabitants, provides that property that receives an erroneous homestead exemption for the current assessment year or for any of the 3 prior assessment years may be considered omitted property. Provides for penalties and interest to be imposed on that omitted property. Provides that any arrearage of taxes or interest that might have been assessed against that omitted property shall not be chargeable to certain bona fide purchasers of the property. Effective immediately.

Every action

4 steps, oldest first, as the legislature records them.

1. Jan 17, 2024SenateFiled with Secretary by Sen. Patrick J. Joyce
2. Jan 17, 2024SenateFirst Reading
3. Jan 17, 2024CommitteeReferred to Assignments · Senate Assignments
4. Jan 7, 2025SenateSession Sine Die

Roll calls

No recorded votes on this bill yet.

Sponsors

The member who introduced it.

• Patrick J. JoyceD Primary sponsor · District 40