LEGISLATIVE BUDGET BOARD
                          Austin, Texas

                           FISCAL NOTE
                       74th Regular Session

                          April 9, 1995



 TO:     Honorable Tom Craddick, Chair          IN RE:  House Joint
         Committee on Ways & Means              Resolution
         House of Representatives                              No. 68
         Austin, Texas                                  By: Haggerty








FROM: John Keel, Director

In response to your request for a Fiscal Note on House Joint
Resolution No. 68 (Proposing a constitutional amendment to raise
the limits of the exemption from ad valorem taxation of property
owned by disabled veterans or by the surviving spouses and
surviving minor children of disabled veterans.) this office has
determined the following:

The resolution would amend Article VIII, Section 2 (b), Texas
Constitution, by increasing the amounts of the property tax
exemption for disabled veterans, their survivors, and the spouses
and children of persons who die on active military service.

The proposed amount of exemption is as follows:

          10 - 30% disabled - $ 5,000                                     
          31 - 50% disabled - $10,000                                     
          51 - 70% disabled - $15,000                                     
          71% - Plus               $15,000                                
                                                                          
          Survivor Benefit - $5,000.                                      
                                                                          
          The fiscal impact of this resolution's provisions on the State  
          and units of local government would depend on enabling          
          legislation.                                                    
                                                                          
          Currently, it has been estimated by the Comptroller's Property  
          Tax Division, that local governments, including school districts
          lose approximately $6.7 million per year due to the current     
                                                                          
                                                                          
                                                                          

disabled veterans' and surviving spouse exemption.

 The cost to the State for publication of the resolution is
$90,000.





Source:   Comptroller of Public Accounts
          LBB Staff: JK, BR, DF