Texas Register
TITLE 34 PUBLIC FINANCE
PART 1COMPTROLLER OF PUBLIC ACCOUNTS
CHAPTER 9PROPERTY TAX ADMINISTRATION
SUBCHAPTER MLOCAL GOVERNMENT RELIEF FOR DISABLED VETERANS EXEMPTION
RULE §9.4327Payment to Qualified Local Government
ISSUE 12/25/2015
ACTION Proposed
Preamble Texas Admin Code Rule
(a)The comptroller must issue payment to a qualified local government not later than the 30th calendar day after a completed application is submitted to the comptroller as prescribed by §9.4323 of this title (relating to Application) and approved.

 (b)In the event the comptroller determines through the application review process that there is a likelihood that the relevant appropriation amount may be exceeded for the applicable state fiscal year by the total amount of approved applications, the comptroller may take reasonable steps to ensure that the appropriation amount will not be exceeded, including by making pro-rata reductions in award amounts to qualified local governments.

 (c)In the event that steps are necessary to prevent the relevant appropriation from being exceeded under subsection (b) of this section, the 30 day period described in subsection (a) of this section does not begin until the comptroller has finally determined the exact amounts to be paid to the qualified local governments.

 (d)Payments are made subject to Government Code, §403.055 and §403.0551.

The agency certifies that legal counsel has reviewed the proposal and found it to be within the state agency's legal authority to adopt.

Filed with the Office of the Secretary of State on December 8, 2015

TRD-201505384

Lita Gonzalez

General Counsel

Comptroller of Public Accounts

Earliest possible date of adoption: January 24, 2016

For further information, please call: (512) 475-0387

 

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