Honorable Morgan Meyer, Chair, House Committee on Ways & Means
FROM:
Jerry McGinty, Director, Legislative Budget Board
IN RE:
HB249 by Bernal (Relating to installment payments of ad valorem taxes imposed on residence homesteads in certain counties.), As Introduced
No fiscal implication to the State is anticipated.
The bill would expand the list of individuals who may pay property taxes in four equal installments to include individuals located in a certain county (Bexar County) who qualify for the residence homestead exemption.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.