LEGISLATIVE BUDGET BOARD
                                   Austin, Texas
         
                                   FISCAL NOTE
                               75th Regular Session
         
                                  April 23, 1997
         
         
      TO: Honorable Tom Craddick, Chair            IN RE:  House Bill No. 3306
          Committee on Ways & Means                              By: Heflin
          House
          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 Introduced
         
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 ,RR ,BR