LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 77th Regular Session April 2, 2001 TO: Honorable Rene Oliveira, Chair, House Committee on Ways & Means FROM: John Keel, Director, Legislative Budget Board IN RE: HB3608 by Davis, Yvonne (Relating to tax administration and procedure.), As Introduced ************************************************************************** * No significant fiscal implication to the State is anticipated. * ************************************************************************** The bill would amend Chapter 111 of the Tax Code, concerning tax refunds. The bill would require the Comptroller to refund any erroneously collected taxes, after crediting any excess tax payments against any other amount due from the taxpayer. Further, the bill would modify the current provision prohibiting the Comptroller from issuing a refund of taxes, penalties, or interest to a person who had collected the taxes from another person unless the person had refunded the taxes and interest to the person from whom the taxes were collected. The bill would add penalties to the amounts refunded to the person from whom the taxes were collected. The bill would require the Comptroller's Office to notify a person requesting a hearing for a refund claim 30 days before the hearing. Current law requires 20 day notice. This bill would take effect on October 1, 2001. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies: 304 Comptroller of Public Accounts LBB Staff: JK, SD, WP