| TO: | Honorable Fred Hill, Chair, House Committee on Local Government Ways & Means |
| 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. ), Committee Report 1st House, Substituted |
The bill would amend Section 42.08 of the Tax Code to change the amount that an owner of property that makes up the five greatest taxable values for a taxing authority must pay on the property before the delinquency date in order to proceed to a district court determination of appeal.
Because the state is constitutionally prohibited from imposing a state property tax, there would be no direct fiscal impact on the state.
Passage of the bill would result in a large number of taxpayers paying a greater undetermined amount of taxes to taxing units in order to proceed with a lawsuit in state district court. The Comptroller's Property Tax Division does not receive or maintain information from appraisal districts or taxing units that would be helpful in determining the impact of the bill.
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. It would apply only to a district court appeal filed on or after the effective date of the bill.
| Source Agencies: | 304 Comptroller of Public Accounts
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| LBB Staff: | JOB, CT, SD, SJS
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