LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 77th Regular Session May 14, 2001 TO: Honorable Bill Ratliff, Lieutenant Governor, Senate FROM: John Keel, Director, Legislative Budget Board IN RE: SB1710 by Van de Putte (Relating to requirements regarding and terms of local tax abatement agreements.), As Passed 2nd House ************************************************************************** * No fiscal implication to the State is anticipated. * ************************************************************************** The bill would amend Sections 312.206 and 312.204 of the Tax Code relating to a deadline and certain terms of local tax abatement agreements. The bill would reword current language concerning the statutory requirements for any tax abatement agreements. Local Government Impact Because the bill only would address procedural provisions in the law, there would be no fiscal impact to units of local government. Source Agencies: 304 Comptroller of Public Accounts LBB Staff: JK, SD, BR