Austin, Texas
                    FISCAL NOTE, 77th Regular Session
                              April 18, 2001
          TO:  Honorable Frank Madla, Chair, Senate Committee on
               Intergovernmental Relations
        FROM:  John Keel, Director, Legislative Budget Board
       IN RE:  SB1710  by Van de Putte (Relating to deadlines and terms
               of local tax abatement agreements.), Committee Report 1st
               House, Substituted
*  No fiscal implication to the State is anticipated.                    *
The bill would amend Section 312.206 of the Tax Code relating to a
deadline and certain terms of local tax abatement agreements.

The bill would delete the current requirement that when a municipality
enters into a tax abatement agreement, the other taxing units must
execute a tax abatement agreement with the owner no later than the 90th
day after the date that the municipal agreement was executed.

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, DB, SD, BR