LEGISLATIVE BUDGET BOARD
                          Austin, Texas

                           FISCAL NOTE
                       74th Regular Session

                          April 28, 1995



 TO:     Honorable Senator John T. Montford,    IN RE:  Senate BillNo. 1682
         Chair                                          By: Nelson
         Committee on Finance
         Senate
         Austin, Texas







FROM: John Keel, Director

In response to your request for a Fiscal Note on Senate Bill No.
1682 (Relating to the conveyance of a possessory interest in
property acquired by a public entity or state agency in
connection with the superconducting super collider facility.)
this office has determined the following:

This bill would amend Subchapter C, Chapter 2301, Government Code
such that in the event that property associated with the
superconducting supercollider facility is rented or leased by any
other entity, the state shall notify the tax appraisal district
in which the property is located of the possessory action.


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