Honorable Morgan Meyer, Chair, House Committee on Ways & Means
FROM:
Jerry McGinty, Director, Legislative Budget Board
IN RE:
HB4744 by Geren (Relating to the role of the members of the board of an appraisal district.), As Introduced
No fiscal implication to the State is anticipated.
The bill would require the board of directors of an appraisal district to develop and adopt a reappraisal plan that adheres to Section 23.01, Tax Code, which requires property to be appraised at market value as of January 1st.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.