LEGISLATIVE BUDGET BOARD
                                   Austin, Texas
         
                                   FISCAL NOTE
                               75th Regular Session
         
                                  May 24, 1997
         
         
      TO: Honorable James E. "Pete" Laney            IN RE:  House Bill No. 3306, As Passed 2nd House
          Speaker of the House                Heflin
          House of Representatives
          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 Passed 2nd House
         
No fiscal implication to the State is anticipated.
         

         
 
          
The provisions of the bill concerning tax bills and ad valorem 
tax collections would have cost implications to  units of local 
government.
          
   Source:            Agencies:   304   Comptroller of Public Accounts
                                         
                      LBB Staff:   JK ,JD ,RR ,BR