LEGISLATIVE BUDGET BOARD
                          Austin, Texas

                           FISCAL NOTE
                       74th Regular Session

                          April 17, 1995



 TO:     Honorable Tom Craddick, Chair          IN RE:  House Bill No. 2940
         Committee on Ways & Means                      By: Heflin
         House of Representatives
         Austin, Texas






FROM: John Keel, Director

In response to your request for a Fiscal Note on House Bill No.
2940 (Relating to the taxation for property tax purposes of
certain items of tangible personal property.) this office has
determined the following:

The bill would include boat dealers within the provisions of
Chapter 23, Tax Code, providing for inventory appraisal based on
prior year sales.  The bill would specifically refer to "vessel
dealers," and excludes boats (vessels) of more than 65 feet from
appraisal under the prior year sales calculation method.  A
"vessel dealer" would mean a person who holds a dealer's and
manufacturer's number issued by the Texas Parks and Wildlife
Department.


The fiscal implication to  the State or units of local government
cannot be determined.


Source:   Comptroller of Public Accounts, Parks and Wildlife
Department
          LBB Staff: JK, BR, DF