HJR195 - Proposing a constitutional amendment to lengthen the period for redeeming the residence homestead of an elderly person sold at an ad valorem tax sale.

  89R15172 PRL-D     By: Dutton H.J.R. No. 195       A JOINT RESOLUTION   proposing a constitutional amendment to lengthen the period for   redeeming the residence homestead of an elderly person sold at an ad   valorem tax sale.          BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS:          SECTION 1.  Section 13(c), Article VIII, Texas Constitution,   is amended to read as follows:          (c)  The former owner of a residence homestead, land   designated for agricultural use, or a mineral interest sold for   unpaid taxes has [ shall within two years from date of the filing for   record of the Purchaser's Deed have ] the right to redeem the   property within two years from the date of filing of the purchaser's   deed or, if the property was the residence homestead of a person who   is 65 years of age or older, within four years from the date of   filing of the purchaser's deed  on the following basis:                (1)  Within the first year of the redemption period,   upon the payment of the amount of money paid for the property,   including the Tax Deed Recording Fee and all taxes, penalties,   interest, and costs paid plus an amount not exceeding 25 percent of   the aggregate total; and                (2)  Within the remainder [ last year ] of the redemption   period, upon the payment of the amount of money paid for the   property, including the Tax Deed Recording Fee and all taxes,   penalties, interest, and costs paid plus an amount not exceeding 50   percent of the aggregate total.          SECTION 2.  The following temporary provision is added to   the Texas Constitution:           TEMPORARY PROVISION. (a) This temporary provision applies   to the constitutional amendment proposed by the 89th Legislature,   Regular Session, 2025, to lengthen the period for redeeming the   residence homestead of an elderly person sold at an ad valorem tax   sale.           (b)     The amendment to Section 13(c), Article VIII, of this   constitution takes effect January 1, 2026.           (c)     The amendment applies only to the redemption of real   property sold at a tax sale for which the purchaser's deed is filed   for record on or after the effective date of the amendment. The   redemption of real property sold at a tax sale for which the   purchaser's deed is filed for record before the effective date of   the amendment is governed by the former law, and the former law is   continued in effect for that purpose.           (d)  This temporary provision expires January 1, 2028.          SECTION 3.  This proposed constitutional amendment shall be   submitted to the voters at an election to be held November 4, 2025.   The ballot shall be printed to permit voting for or against the   proposition: "The constitutional amendment to lengthen the period   for redeeming the residence homestead of a person 65 years of age or   older sold at an ad valorem tax sale."