| TO: | Honorable Rene Oliveira, Chair, House Committee on Ways & Means |
| FROM: | John S. O'Brien, Director, Legislative Budget Board |
| IN RE: | HB637 by Guillen (Relating to the authority of the governing body of a taxing unit to adpot a local option residence homestead exemption from ad valorem taxation of not less than $500 or more than $30,000. ), Committee Report 1st House, Substituted |
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: | JOB, MN
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