Texas HB2742 allows for the split-payment of ad valorem taxes, enabling property owners to pay half before December 1 and the remaining half by July.

Texas HB2742 amends the Tax Code to allow taxing units to offer a split-payment option for ad valorem taxes. Property owners can pay half of their taxes by December 1 or the specified date if the tax bills are mailed after November 30, and the remaining half by July 1 of the following year without incurring penalties or interest. The changes apply to tax years beginning on or after the Act's effective date of January 1, 2026.

Texas HB2742 allows for the split-payment of ad valorem taxes, enabling property owners to pay half before December 1 and the remaining half by July.

Texas HB2742 amends the Tax Code to allow taxing units to offer a split-payment option for ad valorem taxes. Property owners can pay half of their taxes by December 1 or the specified date if the tax bills are mailed after November 30, and the remaining half by July 1 of the following year without incurring penalties or interest. The changes apply to tax years beginning on or after the Act's effective date of January 1, 2026.