Honorable Royce West, Chair, Senate Committee on Intergovernmental Relations
FROM:
John S. O'Brien, Director, Legislative Budget Board
IN RE:
HB1680 by Swinford (Relating to the required payment of taxes by property owners who appeal certain ad valorem tax determinations.), As Engrossed
No fiscal implication to the State is anticipated.
The bill would amend Section 42.08 of the Tax Code to require a property owner to include in the notice of a district court appeal a written statement of the amount of property taxes the property owner proposes to pay if the property owner elects to pay the amount of taxes not in dispute.
The bill would take effect immediately upon enactment, assuming that it received the requisite two-thirds majority votes in both houses of the Legislature. Otherwise, it would take effect September 1, 2007.
Local Government Impact
No fiscal implication to units of local government is anticipated.