SB1352 - Relating to the deadline for filing an application for certain ad valorem tax exemptions or allocations and the calculation of the penalty for filing a late application for such an exemption or allocation.

      S.B. No. 1352         AN ACT   relating to the deadline for filing an application for certain ad   valorem tax exemptions or allocations and the calculation of the   penalty for filing a late application for such an exemption or   allocation.          BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:          SECTION 1.  Section 11.43, Tax Code, is amended by adding   Subsection (d-1) to read as follows:           (d-1)     If the chief appraiser extends the deadline for a   property owner to file a rendition statement or property report to   May 15 under Section 22.23(b), the chief appraiser shall also   extend the deadline for the property owner to file an application   for an exemption under Section 11.251 to May 15. For good cause   shown, the chief appraiser may further extend the deadline for   filing an exemption application by written order for a single   period not to exceed 60 days from the deadline prescribed by   Subsection (d).          SECTION 2.  Section 11.4391(b), Tax Code, is amended to read   as follows:          (b)  If the application is approved, the property owner is   liable to each taxing unit allowing the exemption for a penalty in   an amount equal to the lesser of:                 (1)   10 percent of the difference between the amount of   tax imposed by the taxing unit on the inventory or property, a   portion of which consists of freeport goods, and the amount that   would otherwise have been imposed ; or                 (2)     10 percent of the amount of tax imposed by the   taxing unit on the inventory or property, a portion of which   consists of freeport goods .          SECTION 3.  Section 21.09, Tax Code, is amended by adding   Subsection (b-1) to read as follows:           (b-1)     If the chief appraiser extends the deadline for a   property owner to file a rendition statement or property report to   May 15 under Section 22.23(b), the chief appraiser shall also   extend the deadline for the property owner to file an allocation   application form to May 15. For good cause shown, the chief   appraiser shall further extend the deadline for filing an   allocation application form by written order for a period not to   exceed 30 days from the deadline prescribed by Subsection (b).          SECTION 4.  Section 21.10(b), Tax Code, is amended to read as   follows:          (b)  If the application is approved, the property owner is   liable to each taxing unit for a penalty in an amount equal to the   lesser of:                 (1)   10 percent of the difference between the amount of   tax imposed by the taxing unit on the property without the   allocation and the amount of tax imposed on the property with the   allocation ; or                 (2)     10 percent of the amount of tax imposed by the   taxing unit on the property with the allocation .          SECTION 5.  Section 11.43(d-1), Tax Code, as added by this   Act, and Section 11.4391(b), Tax Code, as amended by this Act, apply   only to an application for an exemption for freeport goods under   Section 11.251, Tax Code, filed on or after the effective date of   this Act.          SECTION 6.  Section 21.09(b-1), Tax Code, as added by this   Act, and Section 21.10(b), Tax Code, as amended by this Act, apply   only to an application for an allocation under Section 21.09, Tax   Code, filed on or after the effective date of this Act.          SECTION 7.  This Act takes effect September 1, 2025.               ______________________________ ______________________________      President of the Senate Speaker of the House                 I hereby certify that S.B. No. 1352 passed the Senate on   April 10, 2025, by the following vote:  Yeas 30, Nays 0.       ______________________________   Secretary of the Senate                I hereby certify that S.B. No. 1352 passed the House on   May 24, 2025, by the following vote:  Yeas 137, Nays 1, two   present not voting.                 ______________________________   Chief Clerk of the House            Approved:     ______________________________                Date       ______________________________              Governor