HB 254 amends Section 31.031 of the Texas Tax Code to simplify and broaden the eligibility for installment payments of ad valorem taxes on residence homesteads. This bill removes previous restrictions on eligibility, allowing any individual who owns and occupies a residence homestead to pay property taxes in four equal installments without penalty or interest. To take advantage of this option, taxpayers must pay the first installment before the delinquency date and notify the taxing unit of their intent to pay in installments. This installment option will be available for tax years beginning on or after January 1, 2026​.