Honorable Jane Nelson, Chair, Senate Committee on Finance
FROM:
Ursula Parks, Director, Legislative Budget Board
IN RE:
SB1767 by Buckingham (relating to hearings and protests before appraisal review boards involving ad valorem tax determinations.), Committee Report 1st House, Substituted
No fiscal implication to the State is anticipated.
The bill would amend Tax Code Chapters 25, regarding local appraisal, and 41, regarding local review, to entitle a property owner to elect to present evidence and argument at a appraisal roll correction hearing before, after, or between the cases presented by the chief appraiser and each taxing unit and to entitle a property owner to elect to present the owner's case at a protest hearing either before or after the appraisal district.
The bill would not affect taxable property values, tax rates, collection rates, or any other variable which might affect the revenues of units of local governments or the state.
This bill would be effective January 1, 2018.
Local Government Impact
No fiscal implication to units of local government is anticipated.