LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION May 19, 2009 TO: Honorable Steve Ogden, Chair, Senate Committee on Finance FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:HB3611 by Otto (Relating to the consolidation of appraisal review boards.), As Engrossed 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
May 19, 2009
TO: Honorable Steve Ogden, Chair, Senate Committee on Finance FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:HB3611 by Otto (Relating to the consolidation of appraisal review boards.), As Engrossed
TO: Honorable Steve Ogden, Chair, Senate Committee on Finance
FROM: John S. O'Brien, Director, Legislative Budget Board
IN RE: HB3611 by Otto (Relating to the consolidation of appraisal review boards.), As Engrossed
Honorable Steve Ogden, Chair, Senate Committee on Finance
Honorable Steve Ogden, Chair, Senate Committee on Finance
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 Engrossed
HB3611 by Otto (Relating to the consolidation of appraisal review boards.), As Engrossed
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