LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE 75th Regular Session May 23, 1997 TO: Honorable James E. "Pete" Laney IN RE: House Bill No. 670, As Passed 2nd House Speaker of the House Shields House of Representatives Austin, Texas FROM: John Keel, Director In response to your request for a Fiscal Note on HB670 ( Relating to the appraisal of property for ad valorem tax purposes.) this office has detemined the following: Biennial Net Impact to General Revenue Funds by HB670-As Passed 2nd House No fiscal implication to the State is anticipated. No fiscal implication to units of local government is anticipated. Source: Agencies: LBB Staff: JK ,JD