LEGISLATIVE BUDGET BOARD
                                   Austin, Texas
         
                                   FISCAL NOTE
                               75th Regular Session
         
                                  May 5, 1997
         
         
      TO: Honorable Jerry Patterson, Chair            IN RE:  Senate Bill No. 1766
          Committee on Veteran Affairs & Military Installations-Spec                              By: Moncrief
          Senate
          Austin, Texas
         
         
         
         
         FROM:  John Keel, Director    
         
In response to your request for a Fiscal Note on SB1766 ( Relating 
to the creation, administration, powers, duties, operations, 
and financing of the Westworth Village-White Settlement Redevelopment 
Authority; granting the power of eminent domain.) this office 
has detemined the following:
         
         Biennial Net Impact to General Revenue Funds by SB1766-As Introduced
         
No significant fiscal implication to the State is anticipated.
         

         
 
Fiscal Analysis

The bill would create the Westworth Village-White 
Settlement Redevelopment Authority to accept title from the 
United States to all or any portion of the real property within 
Carswell Air Force Base.  The bill would specify the powers 
and duties of the authority, including the power to dispose 
of property, to borrow money, and to exercise powers as granted 
to municipalities in Chapters 373 and 380 of the Local Government 
Code. The bill would also specify that the property, revenues 
and income of the authority would be exempt from all state and 
local taxes.  

 
Methodology 

The Mayor s Office of Westworth 
Village was contacted for information.  The office indicated 
that the fiscal impact on local governments would be minimal 
in the initial stages but could be positive in the future as 
the land is developed.  

Federal property, including military 
bases, is generally exempt from state taxation. A closed military 
base could potentially remain exempt if owned and leased by 
the federal government to private entities, except that private 
improvements and activity could be subject to taxation. However, 
no significant fiscal implication to the state is anticipated 
from retaining the property's tax exempt status.
          
   Source:            Agencies:   304   Comptroller of Public Accounts
                                         
                      LBB Staff:   JK ,JD