LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 76th Regular Session April 21, 1999 TO: Honorable Bill Ratliff, Chair, Senate Committee on Finance FROM: John Keel, Director, Legislative Budget Board IN RE: SJR36 by Cain (proposing a constitutional amendment to authorize an exemption or other relief from ad valorem taxation for commercial tangible personal property if the property is voluntarily rendered for taxation), As Introduced ************************************************************************** * No fiscal implication to the State is anticipated, other than the * * cost of publication. The cost to the state for publication of the * * resolution is $76,352. * ************************************************************************** Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies: LBB Staff: JK, BB, BR