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