LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION April 11, 2023 TO: Honorable Will Metcalf, Chair, House Committee on House Administration FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB267 by Murr (Relating to an interim study of the appraisal of agricultural land for ad valorem tax purposes.), As Introduced No significant fiscal implication to the State is anticipated. The bill would create a joint interim committee to study, review, and report to the legislature on the methods and procedures for appraising agricultural land for ad valorem tax purposes.The joint interim committee would be required to report their findings to the Lieutenant Governor, Speaker of the House of Representatives, and Governor, no later than December 22, 2024. Local Government ImpactNo fiscal implication to units of local government is anticipated. Source Agencies: b > td > LBB Staff: b > td > JMc, KDw, SD, BRI LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION April 11, 2023 TO: Honorable Will Metcalf, Chair, House Committee on House Administration FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB267 by Murr (Relating to an interim study of the appraisal of agricultural land for ad valorem tax purposes.), As Introduced TO: Honorable Will Metcalf, Chair, House Committee on House Administration FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB267 by Murr (Relating to an interim study of the appraisal of agricultural land for ad valorem tax purposes.), As Introduced Honorable Will Metcalf, Chair, House Committee on House Administration Honorable Will Metcalf, Chair, House Committee on House Administration Jerry McGinty, Director, Legislative Budget Board Jerry McGinty, Director, Legislative Budget Board HB267 by Murr (Relating to an interim study of the appraisal of agricultural land for ad valorem tax purposes.), As Introduced HB267 by Murr (Relating to an interim study of the appraisal of agricultural land for ad valorem tax purposes.), As Introduced No significant fiscal implication to the State is anticipated. No significant fiscal implication to the State is anticipated. The bill would create a joint interim committee to study, review, and report to the legislature on the methods and procedures for appraising agricultural land for ad valorem tax purposes.The joint interim committee would be required to report their findings to the Lieutenant Governor, Speaker of the House of Representatives, and Governor, no later than December 22, 2024. The joint interim committee would be required to report their findings to the Lieutenant Governor, Speaker of the House of Representatives, and Governor, no later than December 22, 2024. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies: b > td > LBB Staff: b > td > JMc, KDw, SD, BRI JMc, KDw, SD, BRI