LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE 74th Regular Session April 25, 1995 TO: Honorable Tom Craddick, Chair IN RE: Senate Joint Committee on Ways & Means Resolution House of Representatives No. 36, as Austin, Texas engrossed By: Montford FROM: John Keel, Director In response to your request for a Fiscal Note on Senate Joint Resolution No. 36 (Proposing a constitutional amendment to authorize the legislature to exempt from ad valorem taxation certain property of certain organizations chartered by the Congress of the Republic of Texas.) this office has determined the following: The resolution proposes a constitutional amendment which, if adopted, would authorize the Legislature to exempt from ad valorem taxation certain property owned by organizations charted by the Congress of the Republic of Texas. The fiscal impact of the resolution's provisions on the State and units of local government would depend on enabling legislation. The cost to the State for publication of the resolution is $90,000. Source: Comptroller of Public Accounts LBB Staff: JK, BR, DF