LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 83RD LEGISLATIVE REGULAR SESSION May 13, 2013 TO: Honorable Tommy Williams, Chair, Senate Committee on Finance FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB3439 by Otto (Relating to the representation of a property owner by an agent in a property tax matter.), As Engrossed No fiscal implication to the State is anticipated. This bill would amend Sections 1.11 and 1.111 of the Tax Code, related to communications to fiduciary and representation of property owner, to specify that a property owner's agent may revoke a property owner's request that all property tax communications be sent to a fiduciary; and may revoke the property owner's designation of an agent. The designated agent revoking the designation would be required to send notice of the revocation by certified mail to the property owner at the owner's last known address. 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. The bill would take effect on 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
May 13, 2013
TO: Honorable Tommy Williams, Chair, Senate Committee on Finance FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB3439 by Otto (Relating to the representation of a property owner by an agent in a property tax matter.), As Engrossed
TO: Honorable Tommy Williams, Chair, Senate Committee on Finance
FROM: Ursula Parks, Director, Legislative Budget Board
IN RE: HB3439 by Otto (Relating to the representation of a property owner by an agent in a property tax matter.), As Engrossed
Honorable Tommy Williams, Chair, Senate Committee on Finance
Honorable Tommy Williams, Chair, Senate Committee on Finance
Ursula Parks, Director, Legislative Budget Board
Ursula Parks, Director, Legislative Budget Board
HB3439 by Otto (Relating to the representation of a property owner by an agent in a property tax matter.), As Engrossed
HB3439 by Otto (Relating to the representation of a property owner by an agent in a property tax matter.), As Engrossed
No fiscal implication to the State is anticipated.
No fiscal implication to the State is anticipated.
This bill would amend Sections 1.11 and 1.111 of the Tax Code, related to communications to fiduciary and representation of property owner, to specify that a property owner's agent may revoke a property owner's request that all property tax communications be sent to a fiduciary; and may revoke the property owner's designation of an agent. The designated agent revoking the designation would be required to send notice of the revocation by certified mail to the property owner at the owner's last known address. 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. The bill would take effect on September 1, 2013.
This bill would amend Sections 1.11 and 1.111 of the Tax Code, related to communications to fiduciary and representation of property owner, to specify that a property owner's agent may revoke a property owner's request that all property tax communications be sent to a fiduciary; and may revoke the property owner's designation of an agent. The designated agent revoking the designation would be required to send notice of the revocation by certified mail to the property owner at the owner's last known address.
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. The bill would take effect on 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