LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE
75th Regular Session
May 9, 1997
TO: Honorable Kenneth Armbrister, Chair IN RE: House Bill No. 3306, As Engrossed
Committee on State Affairs By: Heflin
Senate
Austin, Texas
FROM: John Keel, Director
In response to your request for a Fiscal Note on HB3306 ( Relating
to penalties and interest, writs, suits, judgment amounts, right
of redemption, and distribution of proceeds in ad valorem tax
matters.) this office has detemined the following:
Biennial Net Impact to General Revenue Funds by HB3306-As Engrossed
No fiscal implication to the State is anticipated.
The provisions in the bill concerning tax bills and ad valorem
tax collections would have cost implications to local governments.
Source: Agencies: 304 Comptroller of Public Accounts
LBB Staff: JK ,JD ,RR ,BR