HB38 — Relating to the rate at which interest accrues in connection with the deferral or abatement of the collection of ad valorem taxes on certain residence homesteads.

HB38 — Relating to the rate at which interest accrues in connection with the deferral or abatement of the collection of ad valorem taxes on certain residence homesteads. · Informed CitizenryHB38 amends the Tax Code to change the annual interest rate for taxes on certain residence homesteads when the collection of those taxes is deferred or abated. The new rate is the lower of the five…Open in Informed Citizenry