Relating to the deferment of property taxes for certain individuals and the reduction of the eligible age for tax deferral.

SB 2631 would lower the age requirement for Texas property tax deferral from 65 to 60 years old. It directly affects homeowners aged 60 or older who own and occupy their primary residence as a homestead. The bill modifies existing law to allow these individuals to defer property taxes, abate collection suits for delinquent taxes, or stop foreclosure sales on their homestead property. This change applies to taxpayers who qualify under current disability or exemption rules (Section 11.13(m) or Section 11.22).