LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 76th Regular Session May 2, 1999 TO: Honorable Bill Ratliff, Chair, Senate Committee on Finance FROM: John Keel, Director, Legislative Budget Board IN RE: HB2821 by McCall (relating to property tax exemptions for charitable organizations), As Engrossed ************************************************************************** * * * No significant fiscal implication to the State is anticipated. * ************************************************************************** The bill would allow some charitable organizations to maintain their property tax exemptions in a small number of instances where those organizations would otherwise be denied an exemption based on a division of responsibilities. Local Government Impact No significant fiscal implication to units of local government is anticipated. There could be some small amount of revenue loss to taxing units in appraisal districts that currently deny exemptions to those organizations. Source Agencies: 304 Comptroller of Public Accounts LBB Staff: JK, BB, BR