S.B. No. 1352 amends the Texas Tax Code to establish new deadlines for filing applications for certain ad valorem tax exemptions and allocations. Specifically, if the chief appraiser extends the deadline for property owners to file a rendition statement or property report to May 15, they must also extend the deadline for filing an exemption application under Section 11.251 to the same date. Additionally, the chief appraiser may grant a further extension of up to 60 days for exemption applications and 30 days for allocation applications, provided there is good cause shown.

The bill also modifies the calculation of penalties for late applications. It specifies that if an application is approved, the property owner is liable for a penalty equal to the lesser of either 10 percent of the difference in tax amounts imposed on the property with and without the exemption or allocation, or 10 percent of the total tax imposed on the property with the exemption or allocation. These changes apply only to applications filed on or after the effective date of the Act, which is set for September 1, 2025.

Statutes affected:
Introduced: Tax Code 11.43, Tax Code 11.4391, Tax Code 21.09, Tax Code 21.10 (Tax Code 11, Tax Code 21)
Senate Committee Report: Tax Code 11.43, Tax Code 11.4391, Tax Code 21.09, Tax Code 21.10 (Tax Code 11, Tax Code 21)
Engrossed: Tax Code 11.43, Tax Code 11.4391, Tax Code 21.09, Tax Code 21.10 (Tax Code 11, Tax Code 21)
House Committee Report: Tax Code 11.43, Tax Code 11.4391, Tax Code 21.09, Tax Code 21.10 (Tax Code 11, Tax Code 21)
Enrolled: Tax Code 11.43, Tax Code 11.4391, Tax Code 21.09, Tax Code 21.10 (Tax Code 11, Tax Code 21)