LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE 74th Regular Session April 8, 1995 TO: Honorable John T. Montford, Chair IN RE: Committee Substitute Committee on Finance for Senate Senate Bill No. 1614 Austin, Texas FROM: John Keel, Director In response to your request for a Fiscal Note on Senate Bill No. 1614 (relating to the repeal or the reduction of the amount of certain residence homestead exemptions from ad valorem taxation) 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: LBB Staff: JK, DF