LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 83RD LEGISLATIVE REGULAR SESSION April 19, 2013 TO: Honorable Harvey Hilderbran, Chair, House Committee on Ways & Means FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB2687 by Rodriguez, Eddie (Relating to the authority of a taxing unit to approve the transfer of an ad valorem tax lien.), As Introduced No fiscal implication to the State is anticipated. The bill would amend Section 32.06, of the Tax Code, related to transfer of tax liens, to permit a governing body of a taxing unit to authorize or prohibit the transfer of the taxing unit's tax lien to the person who pays the taxes on behalf of the property owner under certain circumstances. The bill would not affect taxable property values, tax rates, collection rates, or any other variable which might affect the revenues of units of local government or the state. This 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, 2013. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies:304 Comptroller of Public Accounts LBB Staff: UP, KK, SJS
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 83RD LEGISLATIVE REGULAR SESSION
April 19, 2013
TO: Honorable Harvey Hilderbran, Chair, House Committee on Ways & Means FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB2687 by Rodriguez, Eddie (Relating to the authority of a taxing unit to approve the transfer of an ad valorem tax lien.), As Introduced
TO: Honorable Harvey Hilderbran, Chair, House Committee on Ways & Means
FROM: Ursula Parks, Director, Legislative Budget Board
IN RE: HB2687 by Rodriguez, Eddie (Relating to the authority of a taxing unit to approve the transfer of an ad valorem tax lien.), 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
HB2687 by Rodriguez, Eddie (Relating to the authority of a taxing unit to approve the transfer of an ad valorem tax lien.), As Introduced
HB2687 by Rodriguez, Eddie (Relating to the authority of a taxing unit to approve the transfer of an ad valorem tax lien.), As Introduced
No fiscal implication to the State is anticipated.
No fiscal implication to the State is anticipated.
The bill would amend Section 32.06, of the Tax Code, related to transfer of tax liens, to permit a governing body of a taxing unit to authorize or prohibit the transfer of the taxing unit's tax lien to the person who pays the taxes on behalf of the property owner under certain circumstances. The bill would not affect taxable property values, tax rates, collection rates, or any other variable which might affect the revenues of units of local government or the state. This 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, 2013.
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: UP, KK, SJS
UP, KK, SJS