LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 89TH LEGISLATIVE REGULAR SESSION March 8, 2025 TO: Honorable Paul Bettencourt, Chair, Senate Committee on Local Government FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: SB850 by Middleton (Relating to the payment of certain ad valorem tax refunds.), As Introduced No fiscal implication to the State is anticipated. The bill would require a tax collector to notify in writing a taxpayer who made overpayments and automatically refund an overpayment of a tax of $1 or more to the taxpayer. A taxpayer would have to apply for a refund if the overpayment is less than $1. The bill would give a taxpayer 60 days to file suit against a taxing unit to compel payment of the refund.The bill would provide for when liability for the refund begins for purposes of interest accruing.The bill would prescribe a deadline for a tax collector to issue a refund due to a taxpayer after the final determination in binding arbitration and the interest rate if the tax collector fails to issue the refund by the deadline.The bill would prescribe a deadline for a collector to issue a refund due to a taxpayer after the final determination of appeal and the interest rate if the tax collector fails to issue the refund by the deadline. The bill would give the property owner the right to waive the interest required by this section.The bill would prescribe a deadline for a tax collector to issue a refund due to a taxpayer after the final determination of appeal and the interest rate if the tax collector fails to issue the refund by the deadline. 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, SZ, SD, BRI
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 89TH LEGISLATIVE REGULAR SESSION
March 8, 2025
TO: Honorable Paul Bettencourt, Chair, Senate Committee on Local Government FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: SB850 by Middleton (Relating to the payment of certain ad valorem tax refunds.), As Introduced
TO: Honorable Paul Bettencourt, Chair, Senate Committee on Local Government
FROM: Jerry McGinty, Director, Legislative Budget Board
IN RE: SB850 by Middleton (Relating to the payment of certain ad valorem tax refunds.), 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
SB850 by Middleton (Relating to the payment of certain ad valorem tax refunds.), As Introduced
SB850 by Middleton (Relating to the payment of certain ad valorem tax refunds.), As Introduced
No fiscal implication to the State is anticipated.
No fiscal implication to the State is anticipated.
The bill would require a tax collector to notify in writing a taxpayer who made overpayments and automatically refund an overpayment of a tax of $1 or more to the taxpayer. A taxpayer would have to apply for a refund if the overpayment is less than $1. The bill would give a taxpayer 60 days to file suit against a taxing unit to compel payment of the refund.The bill would provide for when liability for the refund begins for purposes of interest accruing.The bill would prescribe a deadline for a tax collector to issue a refund due to a taxpayer after the final determination in binding arbitration and the interest rate if the tax collector fails to issue the refund by the deadline.The bill would prescribe a deadline for a collector to issue a refund due to a taxpayer after the final determination of appeal and the interest rate if the tax collector fails to issue the refund by the deadline. The bill would give the property owner the right to waive the interest required by this section.The bill would prescribe a deadline for a tax collector to issue a refund due to a taxpayer after the final determination of appeal and the interest rate if the tax collector fails to issue the refund by the deadline.
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, SZ, SD, BRI
JMc, SZ, SD, BRI