LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 84TH LEGISLATIVE REGULAR SESSION May 6, 2015 TO: Honorable Jane Nelson, Chair, Senate Committee on Finance FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB1953 by Bonnen, Dennis (Relating to the deadline for counties and municipalities to provide notice of a proposed property tax rate.), As Engrossed No fiscal implication to the State is anticipated. This bill would amend Section 140.010 of the Local Government Code, relating to the proposed property tax rate notice for counties and cities, to modify the deadline by which cities and counties must provide notice of a proposed property tax rate to not later than the latter of September 1st or the 30th day after the first date that the taxing unit has received each applicable certified appraisal roll. The current deadline is not later than September 1st. This bill would take effect January 1, 2016. Local Government Impact No significant fiscal implication to units of local government is anticipated. Source Agencies:304 Comptroller of Public Accounts LBB Staff: UP, KK, EK
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 84TH LEGISLATIVE REGULAR SESSION
May 6, 2015
TO: Honorable Jane Nelson, Chair, Senate Committee on Finance FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB1953 by Bonnen, Dennis (Relating to the deadline for counties and municipalities to provide notice of a proposed property tax rate.), As Engrossed
TO: Honorable Jane Nelson, Chair, Senate Committee on Finance
FROM: Ursula Parks, Director, Legislative Budget Board
IN RE: HB1953 by Bonnen, Dennis (Relating to the deadline for counties and municipalities to provide notice of a proposed property tax rate.), As Engrossed
Honorable Jane Nelson, Chair, Senate Committee on Finance
Honorable Jane Nelson, Chair, Senate Committee on Finance
Ursula Parks, Director, Legislative Budget Board
Ursula Parks, Director, Legislative Budget Board
HB1953 by Bonnen, Dennis (Relating to the deadline for counties and municipalities to provide notice of a proposed property tax rate.), As Engrossed
HB1953 by Bonnen, Dennis (Relating to the deadline for counties and municipalities to provide notice of a proposed property tax rate.), As Engrossed
No fiscal implication to the State is anticipated.
No fiscal implication to the State is anticipated.
This bill would amend Section 140.010 of the Local Government Code, relating to the proposed property tax rate notice for counties and cities, to modify the deadline by which cities and counties must provide notice of a proposed property tax rate to not later than the latter of September 1st or the 30th day after the first date that the taxing unit has received each applicable certified appraisal roll. The current deadline is not later than September 1st. This bill would take effect January 1, 2016.
Local Government Impact
No significant 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, EK
UP, KK, EK