S.B. No. 948
relating to the waiver of penalty and interest on a taxing unit’s
delinquent payment of its allocation of the budget of an appraisal
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 6.06, Tax Code, is amended by adding
Subsection (k) to read as follows:
(k) For good cause shown, the board of directors may waive
the penalty and interest on a delinquent payment under Subsection (e).
SECTION 2. (a) Subsection (k), Section 6.06, Tax Code, as
added by this Act, applies to the waiver of penalty and interest on
a payment that becomes delinquent under Subsection (e), Section
6.06, Tax Code, before, on, or after the effective date of this Act.
(b) An appraisal district may refund a payment of penalty
and interest that was made by a taxing unit under Subsection (e),
Section 6.06, Tax Code, before the effective date of this Act if the
board of directors of the appraisal district waives the penalty and
interest as provided by Subsection (k), Section 6.06, Tax Code, as
added by this Act.
SECTION 3. This Act takes effect immediately if it receives
a vote of two-thirds of all the members elected to each house, as
provided by Section 39, Article III, Texas Constitution. If this
Act does not receive the vote necessary for immediate effect, this
Act takes effect September 1, 2007.
President of the Senate Speaker of the House
I hereby certify that S.B. No. 948 passed the Senate on
March 28, 2007, by the following vote: Yeas 30, Nays 0.
Secretary of the Senate
I hereby certify that S.B. No. 948 passed the House on
May 2, 2007, by the following vote: Yeas 147, Nays 0, two present
Chief Clerk of the House