LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 79TH LEGISLATURE 1st CALLED SESSION - 2005

July 14, 2005

TO:	Honorable Jim Keffer, Chair, House Committee on Ways & Means
FROM:	John S. O'Brien, Deputy Director, Legislative Budget Board
IN RE:	HB115 by Berman (Relating to the limitation on the total amount of ad valorem taxes that may be imposed by a school district on the residence homesteads of the elderly or disabled.), As Introduced

No fiscal implication to the State is anticipated.

The loss of school property tax revenue to school districts for the provision in this bill is included in the estimates prepared for House Bill 3, 79th Legislature, 1st Called Session.  Therefore, no fiscal implication to the State or units of local government is anticipated.

Local Government Impact

No fiscal implication to units of local government is anticipated.

Source Agencies:

304 Comptroller of Public Accounts

LBB Staff:

JOB, SD, DLBe