Honorable Dan Patrick, Lieutenant Governor, Senate
FROM:
Jerry McGinty, Director, Legislative Budget Board
IN RE:
SB1951 by Paxton (Relating to the imposition of a penalty for failure to timely file a rendition statement or property report with the chief appraiser of an appraisal district.), As Passed 2nd House
No fiscal implication to the State is anticipated.
The bill would require a chief appraiser by June 1 to deliver by mail a notice of the imposition of penalty to the person for failing to timely file a rendition statement or property report. The notice would be required to be delivered by certified mail if the property was not listed on the appraisal roll in the preceding tax year. The notice must also be delivered with a notice of appraised value. This bill would also require the tax assessor, in the tax bill for that year, to state the amount of tax due and the amount of the penalty due as separate line items.
The bill would repeal the provision requiring a tax assessor-collector to remit 5 percent of the penalty collected for failing to timely file to a rendition statement or property report to the appraisal district.
Local Government Impact
Repealing the provision requiring a tax assessor-collector to remit 5 percent of the penalty collected for failing to timely file to a rendition statement or property report to the appraisal district would result in an indeterminate revenue loss to appraisal districts and offsetting increase in penalty revenue for other units of local government.