Texas HB254 allows individuals to pay ad valorem taxes on their residence homestead in four equal installments.

Texas HB254 modifies the Tax Code to allow individuals to pay ad valorem taxes on their residence homestead in four equal installments without penalty or interest. The first installment must be paid before the delinquency date, with notice provided that the remaining taxes will be paid in three equal installments. The bill repeals the previous version of Section 31.031 and applies to tax years beginning on or after January 1, 2026.

Texas HB254 allows individuals to pay ad valorem taxes on their residence homestead in four equal installments.

Texas HB254 modifies the Tax Code to allow individuals to pay ad valorem taxes on their residence homestead in four equal installments without penalty or interest. The first installment must be paid before the delinquency date, with notice provided that the remaining taxes will be paid in three equal installments. The bill repeals the previous version of Section 31.031 and applies to tax years beginning on or after January 1, 2026.