LEGISLATIVE BUDGET BOARD
                              Austin, Texas
                                     
                    FISCAL NOTE, 77th Regular Session
  
                              March 26, 2001
  
  
          TO:  Honorable Rene Oliveira, Chair, House Committee on Ways &
               Means
  
        FROM:  John Keel, Director, Legislative Budget Board
  
       IN RE:  HB1100  by Lewis, Ron (Relating to the presumption that
               certain vessels and other watercraft are located in this
               state only temporarily for ad valorem tax purposes.),
               Committee Report 1st House, Substituted
  
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*  No significant fiscal implication to the State is anticipated.        *
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The bill would create presumptions for a particular class of personal
property relative to its use in interstate, international, or foreign
commerce, as well as such property's situs in Texas for property tax
jurisdiction purposes.  A presumption that certain personal property is
in interstate or international commerce and not located in the state for
more than a temporary period could result in an undetermined amount of
property value being exempt from property taxation that would otherwise
be taxable by local units of government under current law  The fiscal
impact of the bill on the state and units of local government is not
anticipated to be significant due to the limited geographic application
of the provisions of the bill, which appears to be limited to Orange
County.
  
Local Government Impact
  
No significant fiscal implication to units of local government is
anticipated.
  
  
Source Agencies:   304   Comptroller of Public Accounts
LBB Staff:         JK, SD, BR