89th Legislature, Regular Session
HB 739
Relating to the rate at which interest accrues in connection with the deferral or abatement of the collection of ad valorem taxes on certain residence homesteads.
Introduced
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- Passed House
- Passed Senate
- To Governor
- Became Law
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89R1124 RDS-D By: Schofield H.B. No. 739 A BILL TO BE ENTITLED AN ACT relating to the rate at which interest accrues in connection with the deferral or abatement of the collection of ad valorem taxes on certain residence homesteads. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: SECTION 1. Section 33.06(d), Tax Code, is amended to read as follows: (d) A tax lien remains on the property and interest continues to accrue during the period collection of taxes is deferred or abated under this section. The annual interest rate in