LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 89TH LEGISLATIVE REGULAR SESSION March 29, 2025 TO: Honorable Paul Bettencourt, Chair, Senate Committee on Local Government FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: SB1951 by Paxton (Relating to the imposition of a penalty for failure to timely file a rendition statement or property report with the chief appraiser of an appraisal district.), As Introduced No fiscal implication to the State is anticipated. The bill would require a chief appraiser by June 1 to deliver by certified mail a notice of the imposition of penalty to the person for failing to timely file a rendition statement or property report. The notice must also be delivered with a notice of appraised value. This bill would also require the tax assessor, in the tax bill for that year, to state the amount of tax due and the amount of the penalty due as separate line items.The bill would repeal the provision requiring a tax assessor-collector to remit 5 percent of the penalty collected for failing to timely file to a rendition statement or property report to the appraisal district. Local Government ImpactRepealing the provision requiring a tax assessor-collector to remit 5 percent of the penalty collected for failing to timely file to a rendition statement or property report to the appraisal district would result in an indeterminate revenue loss to appraisal districts and offsetting increase in penalty revenue for other units of local government. Source Agencies: b > td > 304 Comptroller of Public Accounts LBB Staff: b > td > JMc, SZ, KK, BRI
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 89TH LEGISLATIVE REGULAR SESSION
March 29, 2025
TO: Honorable Paul Bettencourt, Chair, Senate Committee on Local Government FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: SB1951 by Paxton (Relating to the imposition of a penalty for failure to timely file a rendition statement or property report with the chief appraiser of an appraisal district.), As Introduced
TO: Honorable Paul Bettencourt, Chair, Senate Committee on Local Government
FROM: Jerry McGinty, Director, Legislative Budget Board
IN RE: SB1951 by Paxton (Relating to the imposition of a penalty for failure to timely file a rendition statement or property report with the chief appraiser of an appraisal district.), As Introduced
Honorable Paul Bettencourt, Chair, Senate Committee on Local Government
Honorable Paul Bettencourt, Chair, Senate Committee on Local Government
Jerry McGinty, Director, Legislative Budget Board
Jerry McGinty, Director, Legislative Budget Board
SB1951 by Paxton (Relating to the imposition of a penalty for failure to timely file a rendition statement or property report with the chief appraiser of an appraisal district.), As Introduced
SB1951 by Paxton (Relating to the imposition of a penalty for failure to timely file a rendition statement or property report with the chief appraiser of an appraisal district.), As Introduced
No fiscal implication to the State is anticipated.
No fiscal implication to the State is anticipated.
The bill would require a chief appraiser by June 1 to deliver by certified mail a notice of the imposition of penalty to the person for failing to timely file a rendition statement or property report. The notice must also be delivered with a notice of appraised value. This bill would also require the tax assessor, in the tax bill for that year, to state the amount of tax due and the amount of the penalty due as separate line items.The bill would repeal the provision requiring a tax assessor-collector to remit 5 percent of the penalty collected for failing to timely file to a rendition statement or property report to the appraisal district.
Local Government Impact
Repealing the provision requiring a tax assessor-collector to remit 5 percent of the penalty collected for failing to timely file to a rendition statement or property report to the appraisal district would result in an indeterminate revenue loss to appraisal districts and offsetting increase in penalty revenue for other units of local government.
Source Agencies: b > td > 304 Comptroller of Public Accounts
304 Comptroller of Public Accounts
LBB Staff: b > td > JMc, SZ, KK, BRI
JMc, SZ, KK, BRI