The bill amends Sections 22.28(a) and (b) of the Texas Tax Code to establish a penalty for individuals who fail to timely file a rendition statement or property report with the chief appraiser of an appraisal district. The penalty is set at 10 percent of the total taxes imposed on the property for that year. The chief appraiser is required to deliver a notice of the penalty via certified mail by June 1, and this notice must also be included with the notice of appraised value. Additionally, the tax bill must clearly state the amounts due for both the tax and the penalty as separate line items, with the penalty becoming part of the tax secured by the property tax lien.

Furthermore, Section 22.28(d) of the Tax Code is repealed, indicating a simplification of the existing regulations. The changes introduced by this bill will only apply to ad valorem tax years beginning on or after January 1, 2026, which is the effective date of the Act.

Statutes affected:
Introduced: Tax Code 22.28 (Tax Code 22)