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