LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 83RD LEGISLATIVE REGULAR SESSION April 26, 2013 TO: Honorable Harvey Hilderbran, Chair, House Committee on Ways & Means FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB1830 by Gonzalez, Naomi (Relating to a pilot program authorizing the chief appraiser of certain appraisal districts to compel certain property owners who file a protest with the appraisal review board to disclose certain information related to the property.), As Introduced No significant fiscal implication to the State is anticipated. This bill would amend Chapter 41, Subchapter C of the Tax Code, related to property taxation and taxpayer protests, to add a pilot program in El Paso County allowing a chief appraiser to request an appraisal review board to compel a property owner to disclose to the chief appraiser information relating to the sales price, occupancy rate, lease or rental income, production capacity, and income of the property that is the subject of the protest. The information request would only apply to a property with a value of at least $1 million that is used as a commercial or industrial property. The chief appraiser would be required to file the information request not later than the 30th day before the date of the protest hearing on the property. The information disclosed under the request would be confidential. A property owner that does not comply with the information request would not be allowed to continue the protest. The pilot program would be implemented for a two-year period beginning on January 1, 2014. The bill's requirement that certain commercial or industrial taxpayers submit specified appraisal information to the chief appraiser in El Paso County upon request in a property value protest could result in higher value determinations, in some instances, in the appraisal review board hearings for those taxpayers. In other instances the requirement could discourage a taxpayer protest. These outcomes could result in an insignificant gain to El Paso County taxing units and to the state through the operation of the school finance formula. The bill would take effect on January 1, 2014. Local Government Impact No significant fiscal implication to units of local government is anticipated. Source Agencies:304 Comptroller of Public Accounts LBB Staff: UP, KK, SD, SJS
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 83RD LEGISLATIVE REGULAR SESSION
April 26, 2013
TO: Honorable Harvey Hilderbran, Chair, House Committee on Ways & Means FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB1830 by Gonzalez, Naomi (Relating to a pilot program authorizing the chief appraiser of certain appraisal districts to compel certain property owners who file a protest with the appraisal review board to disclose certain information related to the property.), As Introduced
TO: Honorable Harvey Hilderbran, Chair, House Committee on Ways & Means
FROM: Ursula Parks, Director, Legislative Budget Board
IN RE: HB1830 by Gonzalez, Naomi (Relating to a pilot program authorizing the chief appraiser of certain appraisal districts to compel certain property owners who file a protest with the appraisal review board to disclose certain information related to the property.), As Introduced
Honorable Harvey Hilderbran, Chair, House Committee on Ways & Means
Honorable Harvey Hilderbran, Chair, House Committee on Ways & Means
Ursula Parks, Director, Legislative Budget Board
Ursula Parks, Director, Legislative Budget Board
HB1830 by Gonzalez, Naomi (Relating to a pilot program authorizing the chief appraiser of certain appraisal districts to compel certain property owners who file a protest with the appraisal review board to disclose certain information related to the property.), As Introduced
HB1830 by Gonzalez, Naomi (Relating to a pilot program authorizing the chief appraiser of certain appraisal districts to compel certain property owners who file a protest with the appraisal review board to disclose certain information related to the property.), As Introduced
No significant fiscal implication to the State is anticipated.
No significant fiscal implication to the State is anticipated.
This bill would amend Chapter 41, Subchapter C of the Tax Code, related to property taxation and taxpayer protests, to add a pilot program in El Paso County allowing a chief appraiser to request an appraisal review board to compel a property owner to disclose to the chief appraiser information relating to the sales price, occupancy rate, lease or rental income, production capacity, and income of the property that is the subject of the protest. The information request would only apply to a property with a value of at least $1 million that is used as a commercial or industrial property. The chief appraiser would be required to file the information request not later than the 30th day before the date of the protest hearing on the property. The information disclosed under the request would be confidential. A property owner that does not comply with the information request would not be allowed to continue the protest. The pilot program would be implemented for a two-year period beginning on January 1, 2014. The bill's requirement that certain commercial or industrial taxpayers submit specified appraisal information to the chief appraiser in El Paso County upon request in a property value protest could result in higher value determinations, in some instances, in the appraisal review board hearings for those taxpayers. In other instances the requirement could discourage a taxpayer protest. These outcomes could result in an insignificant gain to El Paso County taxing units and to the state through the operation of the school finance formula. The bill would take effect on January 1, 2014.
This bill would amend Chapter 41, Subchapter C of the Tax Code, related to property taxation and taxpayer protests, to add a pilot program in El Paso County allowing a chief appraiser to request an appraisal review board to compel a property owner to disclose to the chief appraiser information relating to the sales price, occupancy rate, lease or rental income, production capacity, and income of the property that is the subject of the protest. The information request would only apply to a property with a value of at least $1 million that is used as a commercial or industrial property. The chief appraiser would be required to file the information request not later than the 30th day before the date of the protest hearing on the property. The information disclosed under the request would be confidential. A property owner that does not comply with the information request would not be allowed to continue the protest. The pilot program would be implemented for a two-year period beginning on January 1, 2014. The bill's requirement that certain commercial or industrial taxpayers submit specified appraisal information to the chief appraiser in El Paso County upon request in a property value protest could result in higher value determinations, in some instances, in the appraisal review board hearings for those taxpayers. In other instances the requirement could discourage a taxpayer protest. These outcomes could result in an insignificant gain to El Paso County taxing units and to the state through the operation of the school finance formula.
The bill would take effect on January 1, 2014.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.
Source Agencies: 304 Comptroller of Public Accounts
304 Comptroller of Public Accounts
LBB Staff: UP, KK, SD, SJS
UP, KK, SD, SJS