LEGISLATIVE BUDGET BOARD
                                   Austin, Texas
         
                                   FISCAL NOTE
                               75th Regular Session
         
                                  March 14, 1997
         
         
      TO: Honorable Tom Craddick, Chair            IN RE:  House Bill No. 495, Committee Report 1st House, Substituted
          Committee on Ways & Means                              By: Horn
          House
          Austin, Texas
         
         
         
         
         FROM:  John Keel, Director    
         
In response to your request for a Fiscal Note on HB495 ( relating 
to the appraisal of an inventory for ad valorem tax purposes) 
this office has detemined the following:
         
         Biennial Net Impact to General Revenue Funds by HB495-Committee Report 1st House, Substituted
         
No fiscal implication to the State is anticipated.
         

         
 
          
No fiscal implication to units of local government is anticipated.
          
   Source:            Agencies:   
                                         
                      LBB Staff:   JK ,BR ,RR