LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 85TH LEGISLATIVE REGULAR SESSION April 20, 2017 TO: Honorable Jane Nelson, Chair, Senate Committee on Finance FROM: Ursula Parks, Director, Legislative Budget Board IN RE:SB1095 by Taylor, Larry (Relating to the deadline to file a petition for redetermination of a tax deficiency determination made by the comptroller.), As Introduced No significant fiscal implication to the State is anticipated. The bill would amend Section 111.009 of the Tax Code to extend the deadline for a taxpayer to file a petition for redetermination of a tax deficiency determination made by the Comptroller from the current 30 days to 90 days.The bill does not amend any provisions governing the amounts of any tax liabilities. The bill could result in lengthening the time to final decision in contested cases by up to 60 days, but would affect both collections of deficiencies and payment of refunds with the effect on timing of net collections expected to be insignificant. The bill would take effect September, 2017. 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, SD
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 85TH LEGISLATIVE REGULAR SESSION
April 20, 2017
TO: Honorable Jane Nelson, Chair, Senate Committee on Finance FROM: Ursula Parks, Director, Legislative Budget Board IN RE:SB1095 by Taylor, Larry (Relating to the deadline to file a petition for redetermination of a tax deficiency determination made by the comptroller.), As Introduced
TO: Honorable Jane Nelson, Chair, Senate Committee on Finance
FROM: Ursula Parks, Director, Legislative Budget Board
IN RE: SB1095 by Taylor, Larry (Relating to the deadline to file a petition for redetermination of a tax deficiency determination made by the comptroller.), As Introduced
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
SB1095 by Taylor, Larry (Relating to the deadline to file a petition for redetermination of a tax deficiency determination made by the comptroller.), As Introduced
SB1095 by Taylor, Larry (Relating to the deadline to file a petition for redetermination of a tax deficiency determination made by the comptroller.), As Introduced
No significant fiscal implication to the State is anticipated.
No significant fiscal implication to the State is anticipated.
The bill would amend Section 111.009 of the Tax Code to extend the deadline for a taxpayer to file a petition for redetermination of a tax deficiency determination made by the Comptroller from the current 30 days to 90 days.The bill does not amend any provisions governing the amounts of any tax liabilities. The bill could result in lengthening the time to final decision in contested cases by up to 60 days, but would affect both collections of deficiencies and payment of refunds with the effect on timing of net collections expected to be insignificant. The bill would take effect September, 2017.
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, SD
UP, KK, SD