LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION May 5, 2011 TO: Honorable Harvey Hilderbran, Chair, House Committee on Ways & Means FROM: John S O'Brien, Director, Legislative Budget Board IN RE:SB1404 by Hinojosa (Relating to the deadline for filing a suit to compel an appraisal review board to change an appraisal roll.), As Engrossed No fiscal implication to the State is anticipated. The bill would amend Chapter 25 of the Tax Code, regarding property taxation and local appraisals, to extend the deadline for either party to file suit to compel an appraisal review board to order a required appraisal roll correction. The current filing deadline is 45 days after receiving notice of the appraisal review board's determination of a motion to correct an appraisal error. The deadline would be extended to 60 days after receiving the notice. The bill would extend a filing deadline related to filing suits related to the correction of appraisal errors but would not change taxable values, tax rates, or other variables affecting property tax revenues. Consequently, there would be no fiscal impact to the state or units of local government. The bill would take effect immediately upon enactment, assuming that it received the requisite two-thirds majority votes in both houses of the Legislature. Otherwise, it would take effect September 1, 2011. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies:304 Comptroller of Public Accounts LBB Staff: JOB, KKR, SD, SJS
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION
May 5, 2011
TO: Honorable Harvey Hilderbran, Chair, House Committee on Ways & Means FROM: John S O'Brien, Director, Legislative Budget Board IN RE:SB1404 by Hinojosa (Relating to the deadline for filing a suit to compel an appraisal review board to change an appraisal roll.), As Engrossed
TO: Honorable Harvey Hilderbran, Chair, House Committee on Ways & Means
FROM: John S O'Brien, Director, Legislative Budget Board
IN RE: SB1404 by Hinojosa (Relating to the deadline for filing a suit to compel an appraisal review board to change an appraisal roll.), As Engrossed
Honorable Harvey Hilderbran, Chair, House Committee on Ways & Means
Honorable Harvey Hilderbran, Chair, House Committee on Ways & Means
John S O'Brien, Director, Legislative Budget Board
John S O'Brien, Director, Legislative Budget Board
SB1404 by Hinojosa (Relating to the deadline for filing a suit to compel an appraisal review board to change an appraisal roll.), As Engrossed
SB1404 by Hinojosa (Relating to the deadline for filing a suit to compel an appraisal review board to change an appraisal roll.), As Engrossed
No fiscal implication to the State is anticipated.
No fiscal implication to the State is anticipated.
The bill would amend Chapter 25 of the Tax Code, regarding property taxation and local appraisals, to extend the deadline for either party to file suit to compel an appraisal review board to order a required appraisal roll correction. The current filing deadline is 45 days after receiving notice of the appraisal review board's determination of a motion to correct an appraisal error. The deadline would be extended to 60 days after receiving the notice. The bill would extend a filing deadline related to filing suits related to the correction of appraisal errors but would not change taxable values, tax rates, or other variables affecting property tax revenues. Consequently, there would be no fiscal impact to the state or units of local government. The bill would take effect immediately upon enactment, assuming that it received the requisite two-thirds majority votes in both houses of the Legislature. Otherwise, it would take effect September 1, 2011.
The bill would amend Chapter 25 of the Tax Code, regarding property taxation and local appraisals, to extend the deadline for either party to file suit to compel an appraisal review board to order a required appraisal roll correction. The current filing deadline is 45 days after receiving notice of the appraisal review board's determination of a motion to correct an appraisal error. The deadline would be extended to 60 days after receiving the notice.
The bill would extend a filing deadline related to filing suits related to the correction of appraisal errors but would not change taxable values, tax rates, or other variables affecting property tax revenues. Consequently, there would be no fiscal impact to the state or units of local government.
The bill would take effect immediately upon enactment, assuming that it received the requisite two-thirds majority votes in both houses of the Legislature. Otherwise, it would take effect September 1, 2011.
Local Government Impact
No fiscal implication to units of local government is anticipated.
Source Agencies: 304 Comptroller of Public Accounts
304 Comptroller of Public Accounts
LBB Staff: JOB, KKR, SD, SJS
JOB, KKR, SD, SJS