LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION March 31, 2009 TO: Honorable Rene Oliveira, Chair, House Committee on Ways & Means FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:HB3611 by Otto (Relating to the consolidation of appraisal review boards.), As Introduced No fiscal implication to the State is anticipated. The bill would amend the Tax Code to specify that the boards of directors of two or more adjoining appraisal districts my provide for the operation of a consolidated appraisal review board by interlocal contract. The bill would take effect only if the constitutional amendment proposed by the Eighty-first Legislature, Regular Session, 2009, authorizing the legislature to authorize a single board of equalization for two or more adjoining appraisal entities that elect to provide for consolidated equializations is approved by the voters. Otherwise, the provisions of the bill would have no effect. The bill would apply only to an ad valorem tax that begins on or after the effective date of the bill, which would be January 1, 2010. Local Government Impact It is assumed that directors of two or more adjoining appraisal boards would consolidate operations only if doing so would be fiscally beneficial. Source Agencies:304 Comptroller of Public Accounts LBB Staff: JOB, MN, DB
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION
March 31, 2009
TO: Honorable Rene Oliveira, Chair, House Committee on Ways & Means FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:HB3611 by Otto (Relating to the consolidation of appraisal review boards.), As Introduced
TO: Honorable Rene Oliveira, Chair, House Committee on Ways & Means
FROM: John S. O'Brien, Director, Legislative Budget Board
IN RE: HB3611 by Otto (Relating to the consolidation of appraisal review boards.), As Introduced
Honorable Rene Oliveira, Chair, House Committee on Ways & Means
Honorable Rene Oliveira, Chair, House Committee on Ways & Means
John S. O'Brien, Director, Legislative Budget Board
John S. O'Brien, Director, Legislative Budget Board
HB3611 by Otto (Relating to the consolidation of appraisal review boards.), As Introduced
HB3611 by Otto (Relating to the consolidation of appraisal review boards.), As Introduced
No fiscal implication to the State is anticipated.
No fiscal implication to the State is anticipated.
The bill would amend the Tax Code to specify that the boards of directors of two or more adjoining appraisal districts my provide for the operation of a consolidated appraisal review board by interlocal contract. The bill would take effect only if the constitutional amendment proposed by the Eighty-first Legislature, Regular Session, 2009, authorizing the legislature to authorize a single board of equalization for two or more adjoining appraisal entities that elect to provide for consolidated equializations is approved by the voters. Otherwise, the provisions of the bill would have no effect. The bill would apply only to an ad valorem tax that begins on or after the effective date of the bill, which would be January 1, 2010.
The bill would amend the Tax Code to specify that the boards of directors of two or more adjoining appraisal districts my provide for the operation of a consolidated appraisal review board by interlocal contract.
The bill would take effect only if the constitutional amendment proposed by the Eighty-first Legislature, Regular Session, 2009, authorizing the legislature to authorize a single board of equalization for two or more adjoining appraisal entities that elect to provide for consolidated equializations is approved by the voters. Otherwise, the provisions of the bill would have no effect.
The bill would apply only to an ad valorem tax that begins on or after the effective date of the bill, which would be January 1, 2010.
Local Government Impact
It is assumed that directors of two or more adjoining appraisal boards would consolidate operations only if doing so would be fiscally beneficial.
Source Agencies: 304 Comptroller of Public Accounts
304 Comptroller of Public Accounts
LBB Staff: JOB, MN, DB
JOB, MN, DB