TO: | Honorable David Dewhurst, Lieutenant Governor, Senate |
FROM: | John S. O'Brien, Director, Legislative Budget Board |
IN RE: | SB796 by Janek (Relating to split payments of ad valorem taxes.), As Passed 2nd House |
The bill would amend Section 31.03 of the Tax Code.
Because the state is constitutionally prohibited from imposing a state property tax, there would be no direct fiscal impact on the state.
The bill would take effect September 1, 2007.
Source Agencies: | 304 Comptroller of Public Accounts
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LBB Staff: | JOB, SD, CT
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