LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 78TH LEGISLATIVE REGULAR SESSION

May 7, 2003

TO:	Honorable Teel Bivins, Chair, Senate Committee on Finance
FROM:	John Keel, Director, Legislative Budget Board
IN RE:	HB179 by Ellis (Relating to the qualification of a county fair association for an ad valorem tax exemption.), As Engrossed

No fiscal implication to the State is anticipated.

The bill would amend Section 11.43 of the Tax Code to provide a one-time property tax exemption application for county fair associations. Current law requires an annual application.

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, WP, BR