LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 83RD LEGISLATIVE REGULAR SESSION May 1, 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 prohibit certain transfers of ad valorem tax liens.), Committee Report 1st House, Substituted No fiscal implication to the State is anticipated. This 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 prohibit the transfer of the taxing unit's tax lien to the person who pays the taxes on behalf of the property owner. Within 15 days of any action taken related to a tax lien transfer under Subsection 32.06(a-2) of the Tax Code a taxing unit would be required to send written notice of the action to the tax assessor-collector who collects taxes for the taxing unit. 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 on January 1, 2014 and would apply only to a tax lien created after that date. 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
May 1, 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 prohibit certain transfers of ad valorem tax liens.), Committee Report 1st House, Substituted
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 prohibit certain transfers of ad valorem tax liens.), Committee Report 1st House, Substituted
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 prohibit certain transfers of ad valorem tax liens.), Committee Report 1st House, Substituted
HB2687 by Rodriguez, Eddie (relating to the authority of a taxing unit to prohibit certain transfers of ad valorem tax liens.), Committee Report 1st House, Substituted
No fiscal implication to the State is anticipated.
No fiscal implication to the State is anticipated.
This 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 prohibit the transfer of the taxing unit's tax lien to the person who pays the taxes on behalf of the property owner. Within 15 days of any action taken related to a tax lien transfer under Subsection 32.06(a-2) of the Tax Code a taxing unit would be required to send written notice of the action to the tax assessor-collector who collects taxes for the taxing unit. 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 on January 1, 2014 and would apply only to a tax lien created after that date.
This 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 prohibit the transfer of the taxing unit's tax lien to the person who pays the taxes on behalf of the property owner. Within 15 days of any action taken related to a tax lien transfer under Subsection 32.06(a-2) of the Tax Code a taxing unit would be required to send written notice of the action to the tax assessor-collector who collects taxes for the taxing unit.
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 on January 1, 2014 and would apply only to a tax lien created after that date.
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