LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE 75th Regular Session April 18, 1997 TO: Honorable Bill Ratliff, Chair IN RE: Senate Bill No. 1457, Committee Report 1st House, as amended Committee on Finance By: Armbrister Senate Austin, Texas FROM: John Keel, Director In response to your request for a Fiscal Note on SB1457 ( relating to the appraisal for ad valorem tax purposes and the annual study of school district property values) this office has detemined the following: Biennial Net Impact to General Revenue Funds by SB1457-Committee Report 1st House, as amended No fiscal implication to the State is anticipated. No fiscal implication to units of local government is anticipated. Source: Agencies: LBB Staff: JK ,RR ,BR