| TO: | Honorable Fred Hill, Chair, House Committee on Local Government Ways and Means |
| FROM: | John Keel, Director, Legislative Budget Board |
| IN RE: | HB3540 by Chavez (Relating to a refund of an overpayment or erroneous payment of ad valorem taxes by a tax collector who performs consolidated tax collection functions.), As Introduced |
Tax assessor collectors who collect for one taxing unit would have to receive approval for a refund from the taxing unit's governing body if the proposed refund exceeded: 1) $2,500 for a refund paid by a county with a population of 1.5 million or more, or 2) $500 for a refund paid by any other taxing unit. Collectors who collect for more than one taxing unit would have to receive approval for a refund from the governing body employing them if the amount of the proposed refund exceeded $2,500.
Current law requires governing body approval for all refunds exceeding $500, except for refunds to be paid by a county with a population of 1.5 million or more, in which case there is a $2,500 approval threshold. Since passage of this bill would affect only procedures for making refunds, there would be no impact to the State or units of local government.
| Source Agencies: | 304 Comptroller of Public Accounts
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| LBB Staff: | JK, SD, WP, DLBe
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