LEGISLATIVE BUDGET BOARD
                              Austin, Texas
                                     
                    FISCAL NOTE, 76th Regular Session
  
                            February 21, 1999
  
  
          TO:  Honorable Bill Ratliff, Chair, Senate Committee on Finance
  
        FROM:  John Keel, Director, Legislative Budget Board
  
       IN RE:  SB182  by Nixon, Drew (relating to the appraisal of
               certain leaseholds for tax purposes), As Introduced
  
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*  No fiscal implication to the State is anticipated.                    *
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The bill would have no impact on the school district taxable values
reported to the Commissioner of Education by the Comptroller of Public
Accounts.
  
Local Government Impact
  
The bill would not appear to create a new method of appraising leasehold
interests in exempt property; rather, it would appear to more clearly
state the accepted practice in most appraisal districts.

There would be no fiscal impact on local governments in appraisal
districts currently using the equity method, but there could be an
undetermined positive or negative revenue impact on local governments in
appraisal districts that currently use other appraisal methods.
  
  
Source Agencies:   
LBB Staff:         JK, BB, BR