LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE 75th Regular Session May 8, 1997 TO: Honorable Kenneth Armbrister, Chair IN RE: House Bill No. 670, Committee Report 2nd House, Substituted Committee on State Affairs By: Shields Senate 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-Committee Report 2nd House, Substituted No significant fiscal implication to the State is anticipated. No significant fiscal implication to units of local government is anticipated. Source: Agencies: LBB Staff: JK ,JD