LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE 75th Regular Session March 26, 1997 TO: Honorable Eddie Lucio, Jr., Chair IN RE: Senate Bill No. 974 Committee on Intergovernmental Relations By: Carona Senate Austin, Texas FROM: John Keel, Director In response to your request for a Fiscal Note on SB974 ( Relating to the recovery of environmental inspection, removal, and remediation costs by a taxing unit that purchases real property at an ad valorem tax sale.) this office has detemined the following: Biennial Net Impact to General Revenue Funds by SB974-As Introduced No fiscal implication to the State is anticipated. No significant fiscal implication to units of local government is anticipated. In certain instances, this bill would allow a municipality to recover costs associated with environmental inspections of properties when such properties are sold. Source: Agencies: LBB Staff: JK ,TL