LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE 74th Regular Session May 8, 1995 TO: Honorable Senator John T. Montford, IN RE: House BillNo. 1537, Chair as engrossed Committee on Finance By: Craddick Senate Austin, Texas FROM: John Keel, Director In response to your request for a Fiscal Note on House Bill No. 1537 (Relating to the calculation of the effective tax rate for taxing units.) this office has determined the following: No fiscal implication to the State is anticipated. The fiscal implication to units of local government cannot be determined. Source: Comptroller of Public Accounts LBB Staff: JK, BR, DF