TLTA Monitoring "Innocent Buyers Bill"

By TLTA Staff
July 19, 2017

 
TLTA is currently monitoring HJR 26 and HB 120 – a proposed Constitutional amendment and the enabling legislation – that would prohibit taxing authorities from coming back on new purchasers for any back taxes later assessed due to a previous erroneous exemption on the property. Please keep in mind that before these bills can be considered for passage, the governor would have to add the subject matter to the call. We will keep you informed of their progress as the special session continues.