LEGISLATIVE BUDGET BOARD
                                   Austin, Texas
         
                                   FISCAL NOTE
                               75th Regular Session
         
                                  February 26, 1997
         
         
      TO: Honorable Bill Ratliff, Chair            IN RE:  Senate Bill No. 492
          Committee on Finance                              By: Patterson, Jerry
          Senate
          Austin, Texas
         
         
         
         
         FROM:  John Keel, Director    
         
In response to your request for a Fiscal Note on SB492 ( Relating 
to the cancellation and removal from the delinquent tax roll 
of an ad valorem tax on certain real property.) this office 
has detemined the following:
         
         Biennial Net Impact to General Revenue Funds by SB492-As Introduced
         
No significant fiscal implication to the State is anticipated.
         

         
 
The bill would amend the Property Tax Code to require the collector 
for a taxing unit to cancel and remove from the tax roll a tax 
on real property that has been delinquent for more than 10 years, 
if the property has been owned for at least the preceding 8 
years by a home-rule municipality in a county with a population 
of more than two million.

The bill would provide an exception 
to current law requiring a collector to cancel delinquent taxes 
on real property that had been delinquent for more than 20 years.
          
No significant fiscal implication to units of local government 
is anticipated.
          
   Source:            Agencies:   304   Comptroller of Public Accounts
                                         
                      LBB Staff:   JK ,RR ,BR