LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 79TH LEGISLATIVE REGULAR SESSION

April 18, 2005

TO:	Honorable Jim Keffer, Chair, House Committee on Ways & Means
FROM:	John S. O'Brien, Deputy Director, Legislative Budget Board
IN RE:	HB837 by Gattis (Relating to the authority of a taxing unit to elect not to collect ad valorem taxes on real property erroneously omitted from the appraisal roll or tax roll in a previous year.), As Introduced

No fiscal implication to the State is anticipated.

The bill would allow a taxing unit's governing body to waive collection of certain property taxes.  If real property were erroneously omitted from the appraisal or tax roll for any of the five preceding years, a taxing unit's governing body could elect to not collect all or part of the taxes or penalties or interest for the property. As part of the governing body's election, it could authorize the unit's collector to enter into a written agreement with the owner for installment payments for all or part of the taxes, penalties, and interest due the taxing unit. 

Since the bill would not change taxable property values, no implication to the State is anticipated.

Local Government Impact

Passage of the bill would allow local taxing units to elect not to collect all or part of certain taxes, penalties, and interest currently required to be collected.  Taxing units that elected to waive collection of taxes, penalties, and interest on omitted property, would realize a reduction in ad valorem tax revenue.

Source Agencies:

304 Comptroller of Public Accounts

LBB Staff:

JOB, SD, WP, DLBe