LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 76th Regular Session May 4, 1999 TO: Honorable Rene Oliveira, Chair, House Committee on Ways & Means FROM: John Keel, Director, Legislative Budget Board IN RE: SB521 by Cain (relating to certain functions of the comptroller of public accounts involving ad valorem taxation), As Engrossed ************************************************************************** * No fiscal implication to the State is anticipated. * ************************************************************************** The three provisions in the bill would have no fiscal impact on the state or local governments. The bill would delete and repeal sections in the Government and Tax Codes that are either not necessary or not applicable to the Comptroller. Texas Education Agency (TEA) officials have stated that they do not need or require the Comptroller to report school district's statement of the taxable value claimed to be correct. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies: 304 Comptroller of Public Accounts LBB Staff: JK, BB, CT, BR