LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 77th Regular Session
February 5, 2001
TO: Honorable Rene Oliveira, Chair, House Committee on Ways &
Means
FROM: John Keel, Director, Legislative Budget Board
IN RE: HB677 by Lewis, Glenn (Relating to the waiver of
penalties and interest on a delinquent ad valorem tax on
certain property acquired by a religious organization.),
As Introduced
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* No significant fiscal implication to the State is anticipated. *
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Under current law, a request for waiver of penalty and interest must be
made before the 181st day after the delinquency date. Under the
provisions of the bill, a number of qualified religious organizations
could request and receive a waiver of penalties and interest following
the current limitation period.
There would be some revenue loss in taxing units where the governing
bodies voted to waive penalties and interest under the proposed bill.
The loss would depend on the number of taxing units granting waivers
beyond the current limitation period. The total impact on taxing units
is not expected to be significant, given the current level of property
tax levies.
Local Government Impact
No significant fiscal implication to units of local government is
anticipated.
Source Agencies: 304 Comptroller of Public Accounts
LBB Staff: JK, SD, WP, BR