LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE 75th Regular Session May 16, 1997 TO: Honorable Tom Craddick, Chair IN RE: Senate Bill No. 1407, Committee Report 2nd House, Substituted Committee on Ways & Means By: Lucio House Austin, Texas FROM: John Keel, Director In response to your request for a Fiscal Note on SB1407 ( Amending section 201.507 of the State Taxation Code, and relating to temporary exemptions of certain high cost gas) this office has detemined the following: Biennial Net Impact to General Revenue Funds by SB1407-Committee Report 2nd House, Substituted No fiscal implication to the State is anticipated. No fiscal implication to units of local government is anticipated. Source: Agencies: 304 Comptroller of Public Accounts LBB Staff: JK ,RR ,CT