LEGISLATIVE BUDGET BOARD
                                   Austin, Texas
         
                                   FISCAL NOTE
                               75th Regular Session
         
                                  April 23, 1997
         
         
      TO: Honorable Tom Craddick, Chair            IN RE:  House Bill No. 2622
          Committee on Ways & Means                              By: Heflin
          House
          Austin, Texas
         
         
         
         
         FROM:  John Keel, Director    
         
In response to your request for a Fiscal Note on HB2622 ( Relating 
to liability for postjudgment taxes, penalties, and interest 
in a suit to collect a delinquent ad valorem tax.) this office 
has detemined the following:
         
         Biennial Net Impact to General Revenue Funds by HB2622-As Introduced
         
No fiscal implication to the State is anticipated.
         

         
 
The bill adds additional items for inclusion in a petition by 
a taxing unit initiating a suit to collect delinquent property 
taxes.
          
To the extent that local taxing units are currently not recovering 
taxes, penalties, and interest that accrue after a judgment 
ordering foreclosure of a tax lien, there would be a gain to 
local governments.
          
   Source:            Agencies:   304   Comptroller of Public Accounts
                                         
                      LBB Staff:   JK ,RR ,BR