| TO: | Honorable Kent Grusendorf, Chair, House Committee on Public School Finance, Select |
| FROM: | John Keel, Director, Legislative Budget Board |
| IN RE: | HJR1 by Grusendorf (Proposing a constitutional amendment creating the education excellence fund, authorizing a state ad valorem tax for public education, authorizing state video lottery games that may be operated by licensed racetrack operators or recognized Indian tribes, and authorizing the legislature to limit the maximum average increase in the appraised value of residence homesteads for ad valorem tax purposes to three percent or more.), As Introduced |
Because the bill would not create or impact a state tax or fee, no comment from this office is required by the rules of the House as to the general effects of the proposal on the distribution of tax and fee burdens among individuals and businesses.
| Source Agencies: |
| LBB Staff: | JK, SJS
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