Honorable Paul Bettencourt, Chair, Senate Committee on Property Tax
FROM:
John McGeady, Assistant Director Sarah Keyton, Assistant Director Legislative Budget Board
IN RE:
SB1029 by Hall (Relating to the eligibility of a person for appointment as an arbitrator in a binding arbitration of an appraisal review board order.), As Introduced
No fiscal implication to the State is anticipated.
The bill would amend Chapter 41A of the Tax Code regarding appeal of an appraisal review board order through binding arbitration.
Section 41A.07(f) would be amended to reduce the number of years, from the current five years down to two years preceding an appointment as an arbitrator, during which a person must not have engaged in certain appraisal district-related activities if that person is to be eligible for appointment.
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 September 1, 2019.
Local Government Impact
No fiscal implication to units of local government is anticipated.