Texas 2023 - 88th 2nd C.S.

Texas House Bill HB46

Voted on by House
 
Out of Senate Committee
 
Voted on by Senate
 
Governor Action
 
Bill Becomes Law
 

Caption

Relating to the maximum amount of penalties that may be imposed for delinquent taxes and tax reports and the application of taxpayer payments to taxes, penalties, and interest.

Impact

The proposed changes in HB 46 are expected to significantly affect how tax penalties are calculated and enforced in Texas. By limiting the penalties imposed on delinquent taxes and altering the payment application structure, the bill seeks to alleviate the financial burden on taxpayers. It essentially caps the amounts of penalties that can be assessed for failing to submit tax payments or reports on time, thus aiming to encourage compliance rather than punitive measures that could lead to further financial distress.

Summary

House Bill 46 aims to modify the existing tax code related to penalties for delinquent taxes and the application of taxpayer payments. The bill specifically introduces a stipulation that requires the comptroller to apply payments made by taxpayers to the tax due before applying any portion to penalties or interest unless instructed otherwise by the taxpayer. This change is intended to provide a fairer approach to how payments are processed, especially for individuals facing difficulties in meeting their tax obligations.

Sentiment

General sentiment towards HB 46 appears to be supportive among legislators who favor tax reform and advocate for more taxpayer-friendly policies. Proponents argue that this measure could lead to a more equitable taxation system that prioritizes the taxpayer’s ability to pay over strict penalties. However, there may also be caution expressed by those concerned about the potential implications for tax collection efficiency and state revenue.

Contention

Notable points of contention may arise regarding the balance between encouraging timely tax payments while ensuring that the state can effectively collect necessary revenues. While advocates highlight the fairness of the bill, critics may argue that less stringent penalties could lead to increased delinquency rates, ultimately impacting the state’s budget and funding for public services. Therefore, the discussion surrounding HB 46 revolves around finding a middle ground that supports taxpayers while safeguarding the state's financial interests.

Texas Constitutional Statutes Affected

Tax Code

  • Chapter 111. Collection Procedures
    • Section: New Section
    • Section: 061

Companion Bills

No companion bills found.

Previously Filed As

TX HB3122

Relating to the maximum amount of penalties that may be imposed for delinquent taxes and tax reports and the application of taxpayer payments to taxes, penalties, and interest.

TX HB3885

Relating to the maximum amount of penalties that may be imposed for delinquent taxes and tax reports and the application of taxpayer payments to taxes, penalties, and interest.

TX HB4604

Relating to the waiver of penalties and interest on delinquent ad valorem taxes on the property of an individual who dies.

TX HB2226

Relating to state and municipal motor fuel taxes; providing civil penalties; creating criminal offenses; requiring occupational licenses; authorizing the imposition of taxes; providing for increases and decreases in the rates of taxes.

TX SB2308

Relating to taxes on e-cigarettes and alternative nicotine products; imposing taxes; imposing reporting and recordkeeping requirements.

TX HB4353

Relating to taxes on e-cigarettes and alternative nicotine products; imposing taxes; imposing reporting and recordkeeping requirements.

TX HB447

Relating to sales and use taxes imposed on certain assault weapons; imposing taxes.

TX HB4829

Relating to the collection of delinquent ad valorem taxes.

TX HB4828

Relating to the collection of delinquent ad valorem taxes.

TX HB4890

Relating to installment payments of ad valorem taxes.

Similar Bills

No similar bills found.