Texas SB1951 imposes a 10% penalty on property owners who fail to timely file a rendition statement or property report with the chief appraiser of an.

Texas SB1951 amends the Tax Code to require the chief appraiser to impose a penalty equal to 10% of the total taxes imposed on the property for the year by taxing units participating in the appraisal district. The penalty applies to those who fail to timely file a rendition statement or property report. The chief appraiser must notify the property owner of the penalty by certified mail by June 1. The penalty amount is added to the original tax amount and included in the tax bill for the year, with both amounts stated as separate line items.

Texas SB1951 imposes a 10% penalty on property owners who fail to timely file a rendition statement or property report with the chief appraiser of an.

Texas SB1951 amends the Tax Code to require the chief appraiser to impose a penalty equal to 10% of the total taxes imposed on the property for the year by taxing units participating in the appraisal district. The penalty applies to those who fail to timely file a rendition statement or property report. The chief appraiser must notify the property owner of the penalty by certified mail by June 1. The penalty amount is added to the original tax amount and included in the tax bill for the year, with both amounts stated as separate line items.