LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE 75th Regular Session May 2, 1997 TO: Honorable Kenneth Armbrister, Chair IN RE: House Bill No. 1879, Committee Report 2nd House, as amended Committee on State Affairs By: Thompson Senate Austin, Texas FROM: John Keel, Director In response to your request for a Fiscal Note on HB1879 ( Relating to the rendition of property for ad valorem taxation.) this office has detemined the following: Biennial Net Impact to General Revenue Funds by HB1879-Committee Report 2nd House, as amended No significant fiscal implication to the State is anticipated. The bill would amend Section 22.24 and Section 22.27(a) of the Tax Code to require certain property renditions or reports for ad valorem tax purposes to be sworn to before an officer authorized by law to administer an oath (notarized). The Comptroller would be prohibited from approving a rendition or report form unless the form provided a sworn signature that the information was true and accurate. The bill would make attachments to renditions, reports, and information the owner provided to the appraisal district in connection to his property confidential and not open to public inspection. The bill would take effect September 1, 1997. No significant fiscal implication to units of local government is anticipated. Source: Agencies: 304 Comptroller of Public Accounts LBB Staff: JK ,JD ,RR ,BR