Honorable Paul Bettencourt, Chair, Senate Committee on Property Tax
FROM:
John McGeady, Assistant Director Sarah Keyton, Assistant Director Legislative Budget Board
IN RE:
HB1802 by Bohac (Relating to a request for binding arbitration of certain appraisal review board orders.), As Engrossed
No fiscal implication to the State is anticipated.
The bill amends Chapter 41A of the Tax Code, relating to binding arbitration, to modify the deadline to appeal binding arbitration from 45 days after notice of the appraisal review board determination to 60 days after that notice.
The bill would not affect taxable property values, tax rates, collection rates, or any other variable that might affect the revenues of units of local governments or the state.
The bill would take effect immediately upon enactment, assuming it received the requisite two-thirds majority votes in both houses of the Legislature. Otherwise, it would take effect September 1, 2019.
Local Government Impact
No fiscal implication to units of local government is anticipated.