LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE 75th Regular Session March 30, 1997 TO: Honorable Eddie Lucio, Jr., Chair IN RE: Senate Bill No. 974, Committee Report 1st House, Substituted 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-Committee Report 1st House, Substituted 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