LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE
75th Regular Session
May 29, 1997
TO: Honorable Bob Bullock IN RE: Senate Bill No. 1674, As Passed 2nd House
Lieutenant Governor Barrientos et al.
Senate
Austin, Texas
FROM: John Keel, Director
In response to your request for a Fiscal Note on SB1674 ( Relating
to the creation, administration, powers, duties, operation,
and financing of library districts; authorizing a tax and providing
a penalty.) this office has detemined the following:
Biennial Net Impact to General Revenue Funds by SB1674-As Passed 2nd House
No significant fiscal implication to the State is anticipated.
The bill would authorize the creation of a library district
and the imposition of a local sales and use tax to fund the
district in certain counties, if approved by a majority of the
voters within the proposed district. The bill would allow a
district to levy a sales tax of either one-eighth, one-fourth,
three-eighths, or one-half of one percent. The bill would take
effect September 1, 1997.
Current law does not provide for
the establishment of library districts.
The fiscal impact
to local governments would vary depending on which counties
chose to create library districts and the rate of sales tax
adopted and approved by the voters of the district.
Source: Agencies:
LBB Staff: JK ,JD ,RR ,SM