LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE
75th Regular Session
March 18, 1997
TO: Honorable Tom Craddick, Chair IN RE: House Joint Resolution
No. 96
Committee on Ways & Means By: Hamric
House
Austin, Texas
FROM: John Keel, Director
In response to your request for a Fiscal Note on HJR96 ( Proposing
a constitutional amendment to authorize the legislature 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 Introduced
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.
Dependant 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 ,RR ,BR