Honorable Royce West, Chair, Senate Committee on Intergovernmental Relations
FROM:
John S. O'Brien, Director, Legislative Budget Board
IN RE:
HB923 by Truitt (Relating to the persons to whom an assessor for a taxing unit is required to mail an ad valorem tax bill.), As Engrossed
No fiscal implication to the State is anticipated.
The bill would amend the Tax Code to add as an exception related to mailing tax bills that if an assessor mails a tax bill to a mortgagee of a property, the assessor would not be required to mail a copy of the bill to any mortgagor under the mortgage or to the mortgagor's authorized agent.
Local Government Impact
The proposed change to statute would result in a savings in copying, envelopes, and postage expenses related to otherwise sending out multiple copies of a tax bill. No significant fiscal implication to units of local government is anticipated.