Honorable Fred Hill, Chair, House Committee on Local Government Ways and Means
FROM:
John Keel, Director, Legislative Budget Board
IN RE:
HB2147 by Gattis (Relating to the filing of a late application for a residence homestead exemption from ad valorem taxation.), As Introduced
No significant fiscal implication to the State is anticipated.
The bill would require the chief appraiser to accept and approve, or deny, a late residence homestead exemption application if it was filed no later than one year after the delinquency date for property taxes on the homestead. Current law requires all late applications to be filed no later than one year after the taxes were paid or become delinquent, whichever is earlier.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.