89th Legislature, Regular Session
SB 1337
Relating to the computation of certain tax penalties and interest amounts.
Introduced
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- Passed Senate
- Passed House
- To Governor
- Became Law
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89R3837 CJD-F By: Creighton S.B. No. 1337 A BILL TO BE ENTITLED AN ACT relating to the computation of certain tax penalties and interest amounts. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: SECTION 1. Section 111.060, Tax Code, is amended by amending Subsection (a) and adding Subsection (e) to read as follows: (a) Subject to Subsection (e), the [The] yearly interest rate on all delinquent taxes imposed by this title is at the rate of 12 percent for report periods originally due on or before December