The Comptroller of Public Accounts proposes amendment to §9.419, concerning property tax exemption for motor vehicles leased for personal use. The amendment is proposed to revise the model exemption application form to implement House Bill 500, 78th Legislature, effective September 1, 2003, which requires the chief appraiser to keep confidential the driver's license number, personal identification number, or social security number provided on the exemption application except for disclosure to appraisal office employees who appraise property and as authorized by Tax Code, §11.48(b).

The rule also is amended to remove an obsolete provision that authorized the use of a temporary form. The permanent version of the form is in effect and this provision, subsection (c)(5), is no longer needed.

James LeBas, Chief Revenue Estimator, has determined that for the first five-year period the rule will be in effect, there will be no significant revenue impact on the state or units of local government.

Mr. LeBas also has determined that for each year of the first five years the rule is in effect, the public benefit anticipated as a result of enforcing the rule will be in providing additional information to taxpayers regarding state and local tax laws. The proposed amendment would have no significant fiscal impact on small businesses.

Comments on the proposal may be submitted to Buddy Breivogel, Manager, Property Tax Division, P.O. Box 13528, Austin, Texas 78711-3528.

This section is proposed under Tax Code, §5.03, which requires the comptroller to adopt rules establishing the minimum standards for the administration and operation of an appraisal district, Tax Code, §5.07, which requires the comptroller to prescribe the contents and form for the administration of the property tax system, and Tax Code, §11.43(f), which requires the comptroller to prescribe the contents and form for each kind of property tax exemption.

The section implements Tax Code, Chapter 11, Subchapter B, §11.252.