Texas SB2630 prohibits foreclosure on lien-free or mortgage-free homesteads with unpaid property taxes under $25,000.

Texas SB2630 amends the Tax Code to prohibit local taxing entities from initiating foreclosure on a homestead if the homeowner owns the property outright and has unpaid property taxes less than $25,000. If the unpaid taxes exceed this amount, the taxing entity must offer a structured repayment plan of at least five years before initiating foreclosure. Any unpaid property tax debt less than $25,000 converts to a non-enforceable tax lien, which must be satisfied before the property can be sold, transferred, or inherited.

Texas SB2630 prohibits foreclosure on lien-free or mortgage-free homesteads with unpaid property taxes under $25,000.

Texas SB2630 amends the Tax Code to prohibit local taxing entities from initiating foreclosure on a homestead if the homeowner owns the property outright and has unpaid property taxes less than $25,000. If the unpaid taxes exceed this amount, the taxing entity must offer a structured repayment plan of at least five years before initiating foreclosure. Any unpaid property tax debt less than $25,000 converts to a non-enforceable tax lien, which must be satisfied before the property can be sold, transferred, or inherited.