S.B. No. 1951 amends the Tax Code to establish penalties for individuals who fail to timely file a rendition statement or property report with the chief appraiser of an appraisal district. The bill specifies that the penalty will be 10 percent of the total taxes imposed on the property for that year. It introduces a requirement that the chief appraiser must deliver a notice of the penalty by June 1, with the method of delivery varying based on whether the property was listed on the appraisal roll in the previous year. If the property was not listed, the notice must be sent via certified mail. Additionally, the tax bill must clearly state the amounts due for both the tax and the penalty as separate line items.

The bill also repeals Section 22.28(d) of the Tax Code and clarifies that the changes will apply only to ad valorem tax years beginning on or after January 1, 2026. This legislation aims to enhance compliance with property reporting requirements and ensure that penalties are clearly communicated to property owners.

Statutes affected:
Introduced: Tax Code 22.28 (Tax Code 22)
Senate Committee Report: Tax Code 22.28 (Tax Code 22)
Engrossed: Tax Code 22.28 (Tax Code 22)
House Committee Report: Tax Code 22.28 (Tax Code 22)
Enrolled: Tax Code 22.28 (Tax Code 22)