SB2631 - Relating to the deferment of property taxes for certain individuals and the reduction of the eligible age for tax deferral.

  2025S0231-T 03/12/25     By: Creighton S.B. No. 2631     A BILL TO BE ENTITLED   AN ACT   relating to the deferment of property taxes for certain individuals   and the reduction of the eligible age for tax deferral.          BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:          SECTION 1.  Section 33.06(a), Tax Code, is amended to read as   follows:          (a)  An individual is entitled to defer collection of a tax,   abate a suit to collect a delinquent tax, or abate a sale to   foreclose a tax lien if:                (1)  the individual:                      (A)  is 60 [ 65 ] years of age or older;                      (B)  is disabled as defined by Section 11.13(m);   or                      (C)  is qualified to receive an exemption under   Section 11.22; and                (2)  the tax was imposed against property that the   individual owns and occupies as a residence homestead.          SECTION 2.  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, 2025.