LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE 75th Regular Session March 18, 1997 TO: Honorable Eddie Lucio, Jr., Chair IN RE: Senate Bill No. 720 Committee on Intergovernmental Relations By: Duncan Senate Austin, Texas FROM: John Keel, Director In response to your request for a Fiscal Note on SB720 ( Relating to the exception for certain officers from the registration requirements of The Property Taxation Professional Certification Act.) this office has detemined the following: Biennial Net Impact to General Revenue Funds by SB720-As Introduced No significant fiscal implication to the State is anticipated. A county tax assessor-collector who has approved a contract pursuant to Section 6.24(b), Tax Code, providing for another taxing unit or an appraisal district to perform duties related to the assessment or collection of taxes for the county would be exempted from mandatory certification by this bill. According to the Board of Tax Professional Examiners, 66 counties have the aforementioned contracts. Annual and renewal fees are $45 a year and $55 for initial applications. The maximum fiscal impact to the State is anticipated to be no more than $3,000. No significant fiscal implication to units of local government is anticipated. The bill would save a county with an approved contract $45 a year. Source: Agencies: 304 Comptroller of Public Accounts LBB Staff: JK ,TL ,JA