LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE 74th Regular Session May 10, 1995 TO: Honorable Senator John T. Montford, IN RE: Committee Substitute Chair for Committee on Finance Senate Bill Senate No. 101 Austin, Texas By: Bivins FROM: John Keel, Director In response to your request for a Fiscal Note on Senate Bill No. 101 (Relating to the conditional payment of an unlawful ad valorem tax.) this office has determined the following: The bill would amend Chapter 31 of the Tax Code, by adding Section 31.115. This new section would define a payment of an ad valorem tax as involuntary, if the taxpayer indicates that the tax is paid under protest on the instrument by which the tax is paid or in a document accompanying the payment. No fiscal implication to the State is anticipated. The fiscal implication to units of local government cannot be determined. Source: LBB Staff: JK, BR, DF