Honorable Harvey Hilderbran, Chair, House Committee on Ways & Means
John S O'Brien, Director, Legislative Budget Board
SB1441 by Ellis (Relating to the correction of an ad valorem tax appraisal roll.), As Engrossed
The bill would amend Section 25.25(c) of the Tax Code, regarding property taxation, to allow the Appraisal Review Board, on motion of a chief appraiser or a property owner, to make changes in the appraisal roll for any of the five preceding years to correct an error in which property is shown as owned by a person who did not own the property on January 1 of that tax year.
The bill would streamline ownership corrections but would not change taxable values, tax rates, exemptions or any other variable affecting tax levies. Consequently, there would be no fiscal impact on the state or units of local government.
The bill would take effect on September 1, 2011.
JOB, KKR, SD, SJS