Texas HB851 mandates the determination and reporting of residence homesteads benefiting from certain ad valorem tax benefits.

Texas HB851 amends the Tax Code to require the chief appraiser in each school district to determine the number of residence homesteads for which a property owner deferred collection of a tax, abated a suit to collect a delinquent tax, or abated a sale to foreclose a tax lien during the preceding tax year. This determination must be reported to the comptroller by September 1 of the current tax year.

Texas HB851 mandates the determination and reporting of residence homesteads benefiting from certain ad valorem tax benefits.

Texas HB851 amends the Tax Code to require the chief appraiser in each school district to determine the number of residence homesteads for which a property owner deferred collection of a tax, abated a suit to collect a delinquent tax, or abated a sale to foreclose a tax lien during the preceding tax year. This determination must be reported to the comptroller by September 1 of the current tax year.