LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 89TH LEGISLATIVE REGULAR SESSION March 30, 2025 TO: Honorable Morgan Meyer, Chair, House Committee on Ways & Means FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB2742 by Vasut (Relating to the split-payment of ad valorem taxes.), As Introduced No fiscal implication to the State is anticipated. The bill would allow a person whose taxing unit has adopted the split-payment option and mails its tax bill after November 30, to pay the first one-half of the taxing unit's taxes before the first day of the next month following the first full calendar month following the date the tax bills are mailed. Local Government ImpactNo significant fiscal implication to units of local government is anticipated. Source Agencies: b > td > 304 Comptroller of Public Accounts LBB Staff: b > td > JMc, KK, SD, BRI
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 89TH LEGISLATIVE REGULAR SESSION
March 30, 2025
TO: Honorable Morgan Meyer, Chair, House Committee on Ways & Means FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB2742 by Vasut (Relating to the split-payment of ad valorem taxes.), As Introduced
TO: Honorable Morgan Meyer, Chair, House Committee on Ways & Means
FROM: Jerry McGinty, Director, Legislative Budget Board
IN RE: HB2742 by Vasut (Relating to the split-payment of ad valorem taxes.), As Introduced
Honorable Morgan Meyer, Chair, House Committee on Ways & Means
Honorable Morgan Meyer, Chair, House Committee on Ways & Means
Jerry McGinty, Director, Legislative Budget Board
Jerry McGinty, Director, Legislative Budget Board
HB2742 by Vasut (Relating to the split-payment of ad valorem taxes.), As Introduced
HB2742 by Vasut (Relating to the split-payment of ad valorem taxes.), As Introduced
No fiscal implication to the State is anticipated.
No fiscal implication to the State is anticipated.
The bill would allow a person whose taxing unit has adopted the split-payment option and mails its tax bill after November 30, to pay the first one-half of the taxing unit's taxes before the first day of the next month following the first full calendar month following the date the tax bills are mailed.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.
Source Agencies: b > td > 304 Comptroller of Public Accounts
304 Comptroller of Public Accounts
LBB Staff: b > td > JMc, KK, SD, BRI
JMc, KK, SD, BRI