LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE 75th Regular Session March 28, 1997 TO: Honorable Eddie Lucio, Jr., Chair IN RE: Senate Bill No. 1015, Committee Report 1st House, Substituted Committee on Intergovernmental Relations By: Patterson, Jerry Senate Austin, Texas FROM: John Keel, Director In response to your request for a Fiscal Note on SB1015 ( Relating to the correction of an ad valorem tax appraisal roll.) this office has detemined the following: Biennial Net Impact to General Revenue Funds by SB1015-Committee Report 1st House, Substituted No significant fiscal implication to the State is anticipated. The bill would amend Section 25.25 of the Tax Code to allow a property owner to file a motion on a determination by an appraisal review board (ARB) relating to a change in the appraisal roll regardless of whether, for the tax year involved, the owner filed a Chapter 41 protest on an action relating to the value of the property subject to the motion. The hearing would be conducted in the same manner as other taxpayer protests before the ARB. The bill would amend Section 42.01 of the Tax Code to allow an owner to appeal an ARB determination on a motion filed under Section 25.25 of the Tax Code. The bill would take effect September 1, 1997 and would only apply to a motion to correct an appraisal roll filed on or after the effective date. Motions filed before the effective date would be covered by current law. No significant fiscal implication to units of local government is anticipated. Source: Agencies: 304 Comptroller of Public Accounts LBB Staff: JK ,TL ,BR