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<br />80(R) HB 621 - Enrolled version - Fiscal Note <br /> <br />http://www.capito1.state.tx.us/tlodocs/8 0 RI fiscalnoteslht. .. <br /> <br />LEGISLATIVE BUDGET BOARD <br /> <br />Austin, Texas <br /> <br />FISCAL NOTE, 80TH LEGISLATIVE REGULAR SESSION <br /> <br />May 21,2007 <br /> <br />TO: Honorable Tom Craddick, Speaker of the House, House of <br />Representatives <br /> <br />FROM: John S. O'Brien, Director, Legislative Budget Board <br /> <br />IN RE: HB621 by Chavez (Relating to the exemption from ad valorem <br />taxation of tangible personal property held temporarily at a <br />location in this state for assembling, storing, manufacturing, <br />processing, or fabricating purposes.), As Passed 2nd House <br /> <br />Estimated Two-year Net Impact to General Revenue Related Funds for <br />HB621, As Passed 2nd House: a negative nnpact of($25,215,000) through the <br />biennium ending August 31, 2009. <br /> <br />The bill would make no appropriation but could provide the legal basis for an <br />appropriation of funds to implement the provisions of the bill. <br /> <br />General Revenue-Related Funds, Five-Year Impact: <br /> <br />1 of 4 <br /> <br />7/312007 9:08 Al <br />