| TO: | Honorable David Dewhurst , Lieutenant Governor, Senate Honorable Joe Straus, Speaker of the House, House of Representatives |
| FROM: | John S. O'Brien, Director, Legislative Budget Board |
| IN RE: | HB3983 by Rodriguez (relating to the imposition of property taxes on the residential homesteads of low-income and moderate-income persons. ), Conference Committee Report |
The bill would amend the Local Government Code regarding tax rates and board membership for certain preservation reinvestment zones.
The bill would require the Comptroller of Public Accounts to conduct a study to examine circuit
breaker programs as a means of expanding and protecting the homestead interests of low-income and
moderate-income families. The bill includes requirements associated with conducting the study,
including authorizing the comptroller to contract with appraisal districts, taxing units, or other
appropriate organizations for assistance and to obtain information necessary to conduct the study. A
state agency, appraisal district, or taxing unit would be required to assist the comptroller if requested.
Not later than December 1, 2010, the comptroller would be required to submit the report on the study
to the governor, lieutenant governor, and speaker of the house of representatives. This part of the bill
would expire September 1, 2011.
The bill would take effect September 1, 2009.
Based on analysis from the Comptroller of Public Accounts, it is anticipated that implementation of
provisions of the bill could be absorbed within existing resources.
No significant fiscal implication to units of local government is anticipated as a result of the proposed changes to the Local Government Code.
The fiscal impact to an appraisal district, taxing unit, or other local government entity in response to a
request for assistance from the comptroller would depend on the specifics of the request and
conditions of a contract related to providing that assistance.
| Source Agencies: |
| LBB Staff: | JOB, DB, JRO, MN
|