LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE
74th Regular Session
March 26, 1995
TO: Honorable Tom Craddick, Chair IN RE: House Bill No. 1882
Committee on Ways & Means By: Solomons
House of Representatives
Austin, Texas
FROM: John Keel, Director
In response to your request for a Fiscal Note on House Bill No.
1882 (Relating to installment payments of ad valorem taxes
imposed on the residence homestead of a disabled person.) this
office has determined the following:
The bill would allow disabled persons claiming a homestead
exemption under Section 11.13 (d), Tax Code, to pay their current
property taxes in four installments.
Current law provides that persons who are older than 65 years of
age on January 1 of the tax year and have applied for the over-65
homestead exemption may pay their current property taxes on their
homestead in four installments.
This bill proposes to expand the installment payment option to
disabled persons, however, the bill's language would limit the
use of the installment payment program to only those taxing units
that offer the local option exemption for individuals who are
disabled or is 65 or older under Section 11.13 (d), Tax Code.
Fewer taxing units would be required to administer installment
payment programs.
No fiscal implication to the State is anticipated.
The fiscal implication to units of local government cannot be
determined.
Source: Comptroller of Public Accounts
LBB Staff: JK, BR, DF