LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE 75th Regular Session May 8, 1997 TO: Honorable Eddie Lucio, Jr., Chair IN RE: House Joint Resolution No. 96, As Engrossed Committee on Intergovernmental Relations By: Hamric Senate Austin, Texas FROM: John Keel, Director In response to your request for a Fiscal Note on HJR96 ( Proposing a constitutional amendment to authorize an ad valorem tax of five cents for each $100 of taxable property in rural fire prevention districts located in Harris County.) this office has detemined the following: Biennial Net Impact to General Revenue Funds by HJR96-As Engrossed No significant fiscal implication to the State is anticipated, other than the cost of publication. The cost to the state for publication of the resolution is $71,000. The joint resolution would propose a constitutional amendment changing the amount of ad valorem property tax the legislature has the power to authorize on property in rural fire prevention districts located in whole or in part in Harris County. The joint resolution would allow the legislature to authorize an ad valorem property tax not to exceed five ($0.05) cents on the one hundred ($100) dollars valuation. The constitutional amendment would take effect if approved by the voters at an election held November 4, 1997, and certified by the Secretary of State. Dependent upon passage of enabling legislation contained in HB2649 and if all rural fire prevention districts in Harris County approved the increase to the maximum allowed, additional local revenue would be $3.5 million. Source: Agencies: 304 Comptroller of Public Accounts LBB Staff: JK ,TL ,RR ,BR