85(R) - 2017
Proposing a constitutional amendment relating to the effect of a sale of property on the tax lien on the property to secure the payment of ad valorem taxes, penalties, and interest imposed on the property as a result of the addition to the appraisal roll of property or property value that was erroneously exempted in a prior year.
The resolution alone would have no fiscal implication to the State, other than the cost of publication. Any additional fiscal implication would be attributable to the corresponding enabling legislation.
The cost to the State for publication of the resolution is $114,369.
SJR 55 would prohibit enforcement of a tax lien against a property to secure the payment of any taxes, penalties, or interest imposed for that year on the property if the appraisal entity adds property or property value that was erroneously exempted in a prior year to the appraisal roll because the property was sold in an arm's length transaction to a person who was not related to the seller.
Vote Recommendation Notes
This bill upholds our commitment to limited government and property rights by not allowing government to hold individuals accountable for errors made by government. For these reasons, we support SJR 55.