LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION May 19, 2009 TO: Honorable Rene Oliveira, Chair, House Committee on Ways & Means FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:SJR43 by Lucio (Proposing a constitutional amendment to authorize the voters of an emergency services district that has been authorized by those voters to impose an ad valorem tax at a rate not to exceed 10 cents on the $100 valuation to authorize by election, after an audit and a capital improvements plan, the levy of an additional ad valorem tax, at a rate not to exceed five cents on the $100 valuation, for the construction or acquisition of fire stations, equipment, and other property.), As Engrossed No fiscal implication to the State is anticipated, other than the cost of publication. The cost to the state for publication of the resolution is $90,882. The resolution would require that a proposed constitutional amendment be placed on the November 3, 2009 ballot to authorize the voters of certain emergency services districts to approve by election, after an audit and adoption of a capital improvements plan, an ad valorem tax at a rate not to exceed $0.05 for the construction or acquisition of fire stations, equipment, and other property. Placement of the proposed amendment would not have a direct fiscal impact beyond the costs of publication. Local Government Impact If the constitutional amendment is approved by the voters, an emergency services district that chooses to seek voter approval for imposing an ad valorem tax would incur costs associated with complying with audit requirements and conducting subsequent elections; however, if approved by the voters, a district would experience a revenue gain to cover costs for the purposes stated in the resolution. Source Agencies: LBB Staff: JOB, MN, DB
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION
May 19, 2009
TO: Honorable Rene Oliveira, Chair, House Committee on Ways & Means FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:SJR43 by Lucio (Proposing a constitutional amendment to authorize the voters of an emergency services district that has been authorized by those voters to impose an ad valorem tax at a rate not to exceed 10 cents on the $100 valuation to authorize by election, after an audit and a capital improvements plan, the levy of an additional ad valorem tax, at a rate not to exceed five cents on the $100 valuation, for the construction or acquisition of fire stations, equipment, and other property.), As Engrossed
TO: Honorable Rene Oliveira, Chair, House Committee on Ways & Means
FROM: John S. O'Brien, Director, Legislative Budget Board
IN RE: SJR43 by Lucio (Proposing a constitutional amendment to authorize the voters of an emergency services district that has been authorized by those voters to impose an ad valorem tax at a rate not to exceed 10 cents on the $100 valuation to authorize by election, after an audit and a capital improvements plan, the levy of an additional ad valorem tax, at a rate not to exceed five cents on the $100 valuation, for the construction or acquisition of fire stations, equipment, and other property.), As Engrossed
Honorable Rene Oliveira, Chair, House Committee on Ways & Means
Honorable Rene Oliveira, Chair, House Committee on Ways & Means
John S. O'Brien, Director, Legislative Budget Board
John S. O'Brien, Director, Legislative Budget Board
SJR43 by Lucio (Proposing a constitutional amendment to authorize the voters of an emergency services district that has been authorized by those voters to impose an ad valorem tax at a rate not to exceed 10 cents on the $100 valuation to authorize by election, after an audit and a capital improvements plan, the levy of an additional ad valorem tax, at a rate not to exceed five cents on the $100 valuation, for the construction or acquisition of fire stations, equipment, and other property.), As Engrossed
SJR43 by Lucio (Proposing a constitutional amendment to authorize the voters of an emergency services district that has been authorized by those voters to impose an ad valorem tax at a rate not to exceed 10 cents on the $100 valuation to authorize by election, after an audit and a capital improvements plan, the levy of an additional ad valorem tax, at a rate not to exceed five cents on the $100 valuation, for the construction or acquisition of fire stations, equipment, and other property.), As Engrossed
No fiscal implication to the State is anticipated, other than the cost of publication. The cost to the state for publication of the resolution is $90,882.
No fiscal implication to the State is anticipated, other than the cost of publication. The cost to the state for publication of the resolution is $90,882.
The cost to the state for publication of the resolution is $90,882.
The resolution would require that a proposed constitutional amendment be placed on the November 3, 2009 ballot to authorize the voters of certain emergency services districts to approve by election, after an audit and adoption of a capital improvements plan, an ad valorem tax at a rate not to exceed $0.05 for the construction or acquisition of fire stations, equipment, and other property. Placement of the proposed amendment would not have a direct fiscal impact beyond the costs of publication.
The resolution would require that a proposed constitutional amendment be placed on the November 3, 2009 ballot to authorize the voters of certain emergency services districts to approve by election, after an audit and adoption of a capital improvements plan, an ad valorem tax at a rate not to exceed $0.05 for the construction or acquisition of fire stations, equipment, and other property.
Placement of the proposed amendment would not have a direct fiscal impact beyond the costs of publication.
Local Government Impact
If the constitutional amendment is approved by the voters, an emergency services district that chooses to seek voter approval for imposing an ad valorem tax would incur costs associated with complying with audit requirements and conducting subsequent elections; however, if approved by the voters, a district would experience a revenue gain to cover costs for the purposes stated in the resolution.
Source Agencies:
LBB Staff: JOB, MN, DB
JOB, MN, DB