LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 85TH LEGISLATIVE REGULAR SESSION May 4, 2017 TO: Honorable Kelly Hancock, Chair, Senate Committee on Business & Commerce FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB457 by Holland (Relating to the confidentiality of certain home address information in ad valorem tax appraisal records.), As Engrossed No fiscal implication to the State is anticipated. The bill would amend Chapter 25 of the Tax Code, regarding local property tax appraisal, to add the spouse (or surviving spouse) and the adult child of a current or former peace officer to the list of individuals for whom information in the property appraisal records is confidential and available only for the official use of the appraisal district, the state, the Comptroller, and taxing units if:1. the information identifies the home address of the individual; and 2. the individual chooses to restrict public access to the information on the appropriate form.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 immediately upon enactment, assuming it received the requisite two-thirds majority votes in both houses of the Legislature. Otherwise, it would take effect September 1, 2017. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies:304 Comptroller of Public Accounts LBB Staff: UP, CL, SJS, KK, SD
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 85TH LEGISLATIVE REGULAR SESSION
May 4, 2017
TO: Honorable Kelly Hancock, Chair, Senate Committee on Business & Commerce FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB457 by Holland (Relating to the confidentiality of certain home address information in ad valorem tax appraisal records.), As Engrossed
TO: Honorable Kelly Hancock, Chair, Senate Committee on Business & Commerce
FROM: Ursula Parks, Director, Legislative Budget Board
IN RE: HB457 by Holland (Relating to the confidentiality of certain home address information in ad valorem tax appraisal records.), As Engrossed
Honorable Kelly Hancock, Chair, Senate Committee on Business & Commerce
Honorable Kelly Hancock, Chair, Senate Committee on Business & Commerce
Ursula Parks, Director, Legislative Budget Board
Ursula Parks, Director, Legislative Budget Board
HB457 by Holland (Relating to the confidentiality of certain home address information in ad valorem tax appraisal records.), As Engrossed
HB457 by Holland (Relating to the confidentiality of certain home address information in ad valorem tax appraisal records.), As Engrossed
No fiscal implication to the State is anticipated.
No fiscal implication to the State is anticipated.
The bill would amend Chapter 25 of the Tax Code, regarding local property tax appraisal, to add the spouse (or surviving spouse) and the adult child of a current or former peace officer to the list of individuals for whom information in the property appraisal records is confidential and available only for the official use of the appraisal district, the state, the Comptroller, and taxing units if:1. the information identifies the home address of the individual; and 2. the individual chooses to restrict public access to the information on the appropriate form.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 immediately upon enactment, assuming it received the requisite two-thirds majority votes in both houses of the Legislature. Otherwise, it would take effect September 1, 2017.
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, CL, SJS, KK, SD
UP, CL, SJS, KK, SD