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:HB2707 by Villarreal (Relating to the form of the ballot proposition to be used in an election to approve a school district tax rate that exceeds the rollback tax rate.), As Introduced No fiscal implication to the State is anticipated. This bill would amend Section 26.08 of the Tax Code to require that the ballot for an election to ratify a school district tax rate that exceeds the rollback rate contain language stating the purpose of the tax increase. 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 governments 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 26, 2013
TO: Honorable Harvey Hilderbran, Chair, House Committee on Ways & Means FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB2707 by Villarreal (Relating to the form of the ballot proposition to be used in an election to approve a school district tax rate that exceeds the rollback tax rate.), As Introduced
TO: Honorable Harvey Hilderbran, Chair, House Committee on Ways & Means
FROM: Ursula Parks, Director, Legislative Budget Board
IN RE: HB2707 by Villarreal (Relating to the form of the ballot proposition to be used in an election to approve a school district tax rate that exceeds the rollback tax rate.), 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
HB2707 by Villarreal (Relating to the form of the ballot proposition to be used in an election to approve a school district tax rate that exceeds the rollback tax rate.), As Introduced
HB2707 by Villarreal (Relating to the form of the ballot proposition to be used in an election to approve a school district tax rate that exceeds the rollback tax rate.), As Introduced
No fiscal implication to the State is anticipated.
No fiscal implication to the State is anticipated.
This bill would amend Section 26.08 of the Tax Code to require that the ballot for an election to ratify a school district tax rate that exceeds the rollback rate contain language stating the purpose of the tax increase. 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 governments 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.
This bill would amend Section 26.08 of the Tax Code to require that the ballot for an election to ratify a school district tax rate that exceeds the rollback rate contain language stating the purpose of the tax increase.
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 governments 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