R-2008-14 residents who sustained at least 25% damage to residential homestead property,from Hurricane Ike to pay ad valorem taxes on said property in quarterly installments

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~ 31.032. INSTALLMENT PAYMENTS OF TAXES ON PROPERTY IN DISASTER AREA. (a) This section applies only to: (1) real property that: (A) is the residence homestead of the owner or consists of property that is used for residential purposes and that has fewer than five living units; (B) is located in a disaster area; and (C) has been damaged as a direct result of the disaster; and (2) taxes that are imposed on the property by a taxing unit before the first anniversary of the disaster. (b) If, before the delinquency date, a person pays at least one-fourth of a taxing unit's taxes imposed on property that the person owns, accompanied by notice to the taxing unit that the person will pay the remaining taxes in installments, the person may pay the remaining taxes without penalty or interest in three equal installments. The first installment must be paid before April 1, the second installment before June 1, and the third installment before August 1. (c) If the person fails to make a payment before the applicable date provided by Subsection (b), the unpaid amount is delinquent and incurs a penalty of 12 percent and interest as provided by Section 33.01(c). (d) A person may pay more than the amount due for each installment and the amount in excess of the amount due shall be . credited to the next installment. A person may not pay less than the total amount due for each installment unless the collector provides for the acceptance of partial payments under this section. If the collector accepts a partial payment, penalties and interest are incurred only by the amount of each installment that remains unpaid on the applicable date provided by Subsection (b). (e) If the delinquency date for taxes to which this section applies is postponed to May 1 or a later date, the collector shall extend each installment deadline provided by Subsection (b) by the number of months that the delinquency date was postponed. The collector may not extend the third installment deadline beyond December 31. (f) The comptroller shall adopt rules to implement this section. (g) In this section: (1) "Disaster" has the meaning assigned by Section 418.004, Government Code. (2) "Disaster area" has the meaning assigned by Section 151.350. Added by Acts 1995, 74th Leg., ch. 1041, ~ 1, eff. June 17, 1995.