LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 83RD LEGISLATIVE REGULAR SESSION May 4, 2013 TO: Honorable Harvey Hilderbran, Chair, House Committee on Ways & Means FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB3193 by Otto (relating to expedited binding arbitration of appraisal review board orders; repealing the fee for that form of arbitration.), Committee Report 1st House, Substituted No significant fiscal implication to the State is anticipated. The bill would amend Section 41A of the Tax Code, related to property tax appeals through binding arbitration, to delete a property owner's entitlement to expedited arbitration. Under current law a property owner may select either expedited binding arbitration for a fee of $250 or regular binding arbitration for a fee of $500 (the fees are paid to the Comptroller). The bill would delete the reduced fee for expedited arbitration along with the option of expedited arbitration. 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. There would be an insignificant gain to the state because some arbitration appeals that were heard at a fee of $250 under current law would be heard at a fee of $500 under the bill. The bill would take effect on January 1, 2014, but would not apply to an appeal of an appraisal review board order for which a request is filed and a deposit is paid before the effective date. Those appeals would be governed by current law. Local Government Impact No 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
May 4, 2013
TO: Honorable Harvey Hilderbran, Chair, House Committee on Ways & Means FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB3193 by Otto (relating to expedited binding arbitration of appraisal review board orders; repealing the fee for that form of arbitration.), Committee Report 1st House, Substituted
TO: Honorable Harvey Hilderbran, Chair, House Committee on Ways & Means
FROM: Ursula Parks, Director, Legislative Budget Board
IN RE: HB3193 by Otto (relating to expedited binding arbitration of appraisal review board orders; repealing the fee for that form of arbitration.), 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
HB3193 by Otto (relating to expedited binding arbitration of appraisal review board orders; repealing the fee for that form of arbitration.), Committee Report 1st House, Substituted
HB3193 by Otto (relating to expedited binding arbitration of appraisal review board orders; repealing the fee for that form of arbitration.), Committee Report 1st House, Substituted
No significant fiscal implication to the State is anticipated.
No significant fiscal implication to the State is anticipated.
The bill would amend Section 41A of the Tax Code, related to property tax appeals through binding arbitration, to delete a property owner's entitlement to expedited arbitration. Under current law a property owner may select either expedited binding arbitration for a fee of $250 or regular binding arbitration for a fee of $500 (the fees are paid to the Comptroller). The bill would delete the reduced fee for expedited arbitration along with the option of expedited arbitration. 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. There would be an insignificant gain to the state because some arbitration appeals that were heard at a fee of $250 under current law would be heard at a fee of $500 under the bill. The bill would take effect on January 1, 2014, but would not apply to an appeal of an appraisal review board order for which a request is filed and a deposit is paid before the effective date. Those appeals would be governed by current law.
The bill would amend Section 41A of the Tax Code, related to property tax appeals through binding arbitration, to delete a property owner's entitlement to expedited arbitration. Under current law a property owner may select either expedited binding arbitration for a fee of $250 or regular binding arbitration for a fee of $500 (the fees are paid to the Comptroller). The bill would delete the reduced fee for expedited arbitration along with the option of expedited arbitration. 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. There would be an insignificant gain to the state because some arbitration appeals that were heard at a fee of $250 under current law would be heard at a fee of $500 under the bill.
The bill would take effect on January 1, 2014, but would not apply to an appeal of an appraisal review board order for which a request is filed and a deposit is paid before the effective date. Those appeals would be governed by current law.
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, SD, SJS
UP, KK, SD, SJS