TO: | Honorable Tom Craddick, Speaker of the House, House of Representatives |
FROM: | John S. O'Brien, Director, Legislative Budget Board |
IN RE: | HB2909 by Gattis (Relating to the authority of the governing body of a taxing unit in connection with taxes on real property erroneously omitted from the appraisal roll or tax roll in a previous year.), As Passed 2nd House |
The bill would amend the Tax Code to authorize a governing body of a taxing unit to postpone the delinquency date by as many as 36 months regarding collection of taxes on certain real property that had been erroneously omitted from the appraisal roll or tax roll for a taxing unit for any of the five preceding tax years. Penalties and interest would begin on the postponed date.
Because the state is constitutionally prohibited from imposing a state property tax, there would be no direct fiscal impact on the state.
Source Agencies: |
LBB Staff: | JOB, SD, DB
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