LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 76th Regular Session March 9, 1999 TO: Honorable Teel Bivins, Chair, Senate Committee on Education 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 Introduced ************************************************************************** * 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 only would delete and repeal sections in the Government Code and Tax Code that are either not necessary or not applicable to the Comptroller. Reporting a school district's statement of the taxable value claimed to be correct is unnecessary. Texas Education Agency (TEA) officials have stated they have no use for this information and do not require it from the Comptroller. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies: LBB Staff: JK, CT, BR