TO: | Honorable Rene Oliveira, Chair, House Committee on Ways & Means |
FROM: | John S. O'Brien, Director, Legislative Budget Board |
IN RE: | HJR50 by Bolton (Proposing a constitutional amendment increasing the amounts of certain residence homestead exemptions from ad valorem taxation and providing for the adjustment of the amounts of those exemptions applicable to a homestead based on changes in the appraised value of the homestead.), 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: | JOB, MN
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