LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 83RD LEGISLATIVE REGULAR SESSION April 18, 2013 TO: Honorable Harvey Hilderbran, Chair, House Committee on Ways & Means FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HJR82 by Menéndez (Proposing a constitutional amendment authorizing the legislature under certain limitations to specify the amount of the exemption from ad valorem taxation to which certain disabled veterans and the surviving spouses and children of certain veterans are entitled.), As Introduced No fiscal implication to the State is anticipated, other than the cost of publication. Any loss of revenue would be attributable to the corresponding enabling legislation. The cost to the state for publication of the resolution is $108,921. This resolution would propose a constitutional amendment to Article VIII, Section 2(b), of the Texas Constitution, to require the Legislature to base the amount of an exemption for the property of a disabled veteran on the disability rating of the veteran and to establish groupings of disability ratings, and to provide an exemption amount for each grouping. The amendment would strike current language establishing specific disability groupings and specific exempt amounts. The Legislature would be permitted to grant certain disabled veterans who are 65 years of age or older, or who meet specified disability criteria, a property tax exemption to be specified by the Legislature. The Legislature would be permitted to grant certain surviving spouses and children of a member of the U.S. armed forces who dies while on active duty a property tax exemption to be specified by the legislature. The resolution would repeal an outdated subsection. Adoption of the proposed amendment alone would have no fiscal impact on the state other than the cost of publication. Any loss of revenue would be attributable to the corresponding enabling legislation. The proposed amendment would be submitted to voters at an election to be held November 5, 2013 and would take effect on January 1, 2014 if approved by the voters. Local Government Impact The proposed amendment alone would have no fiscal impact on units of local government. Any loss of revenue would be attributable to the corresponding enabling legislation. Source Agencies:304 Comptroller of Public Accounts LBB Staff: UP, KK, SD, SJS
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 83RD LEGISLATIVE REGULAR SESSION
April 18, 2013
TO: Honorable Harvey Hilderbran, Chair, House Committee on Ways & Means FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HJR82 by Menéndez (Proposing a constitutional amendment authorizing the legislature under certain limitations to specify the amount of the exemption from ad valorem taxation to which certain disabled veterans and the surviving spouses and children of certain veterans are entitled.), As Introduced
TO: Honorable Harvey Hilderbran, Chair, House Committee on Ways & Means
FROM: Ursula Parks, Director, Legislative Budget Board
IN RE: HJR82 by Menéndez (Proposing a constitutional amendment authorizing the legislature under certain limitations to specify the amount of the exemption from ad valorem taxation to which certain disabled veterans and the surviving spouses and children of certain veterans are entitled.), 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
HJR82 by Menéndez (Proposing a constitutional amendment authorizing the legislature under certain limitations to specify the amount of the exemption from ad valorem taxation to which certain disabled veterans and the surviving spouses and children of certain veterans are entitled.), As Introduced
HJR82 by Menéndez (Proposing a constitutional amendment authorizing the legislature under certain limitations to specify the amount of the exemption from ad valorem taxation to which certain disabled veterans and the surviving spouses and children of certain veterans are entitled.), As Introduced
No fiscal implication to the State is anticipated, other than the cost of publication. Any loss of revenue would be attributable to the corresponding enabling legislation. The cost to the state for publication of the resolution is $108,921.
No fiscal implication to the State is anticipated, other than the cost of publication. Any loss of revenue would be attributable to the corresponding enabling legislation. The cost to the state for publication of the resolution is $108,921.
No fiscal implication to the State is anticipated, other than the cost of publication. Any loss of revenue would be attributable to the corresponding enabling legislation.
The cost to the state for publication of the resolution is $108,921.
This resolution would propose a constitutional amendment to Article VIII, Section 2(b), of the Texas Constitution, to require the Legislature to base the amount of an exemption for the property of a disabled veteran on the disability rating of the veteran and to establish groupings of disability ratings, and to provide an exemption amount for each grouping. The amendment would strike current language establishing specific disability groupings and specific exempt amounts. The Legislature would be permitted to grant certain disabled veterans who are 65 years of age or older, or who meet specified disability criteria, a property tax exemption to be specified by the Legislature. The Legislature would be permitted to grant certain surviving spouses and children of a member of the U.S. armed forces who dies while on active duty a property tax exemption to be specified by the legislature. The resolution would repeal an outdated subsection. Adoption of the proposed amendment alone would have no fiscal impact on the state other than the cost of publication. Any loss of revenue would be attributable to the corresponding enabling legislation. The proposed amendment would be submitted to voters at an election to be held November 5, 2013 and would take effect on January 1, 2014 if approved by the voters.
This resolution would propose a constitutional amendment to Article VIII, Section 2(b), of the Texas Constitution, to require the Legislature to base the amount of an exemption for the property of a disabled veteran on the disability rating of the veteran and to establish groupings of disability ratings, and to provide an exemption amount for each grouping. The amendment would strike current language establishing specific disability groupings and specific exempt amounts. The Legislature would be permitted to grant certain disabled veterans who are 65 years of age or older, or who meet specified disability criteria, a property tax exemption to be specified by the Legislature. The Legislature would be permitted to grant certain surviving spouses and children of a member of the U.S. armed forces who dies while on active duty a property tax exemption to be specified by the legislature. The resolution would repeal an outdated subsection. Adoption of the proposed amendment alone would have no fiscal impact on the state other than the cost of publication. Any loss of revenue would be attributable to the corresponding enabling legislation.
The proposed amendment would be submitted to voters at an election to be held November 5, 2013 and would take effect on January 1, 2014 if approved by the voters.
Local Government Impact
The proposed amendment alone would have no fiscal impact on units of local government. Any loss of revenue would be attributable to the corresponding enabling legislation.
Source Agencies: 304 Comptroller of Public Accounts
304 Comptroller of Public Accounts
LBB Staff: UP, KK, SD, SJS
UP, KK, SD, SJS