LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION April 6, 2011 TO: Honorable John Davis, Chair, House Committee on Economic & Small Business Development FROM: John S O'Brien, Director, Legislative Budget Board IN RE:HB2493 by Torres (Relating to enterprise project half designations under the enterprise zone program.), As Introduced No significant fiscal implication to the State is anticipated. The bill would amend Chapter 2303 of the Texas Government Code, regarding Enterprise Zone projects. The bill would allow the designation of an enterprise project to be split into two half designations and to set a maximum tax refund to each half of $125,000 per fiscal year. Local Government Impact No significant fiscal implication to units of local government is anticipated. Source Agencies:300 Trusteed Programs Within the Office of the Governor, 301 Office of the Governor, 304 Comptroller of Public Accounts LBB Staff: JOB, AG, SD, KK
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION
April 6, 2011
TO: Honorable John Davis, Chair, House Committee on Economic & Small Business Development FROM: John S O'Brien, Director, Legislative Budget Board IN RE:HB2493 by Torres (Relating to enterprise project half designations under the enterprise zone program.), As Introduced
TO: Honorable John Davis, Chair, House Committee on Economic & Small Business Development
FROM: John S O'Brien, Director, Legislative Budget Board
IN RE: HB2493 by Torres (Relating to enterprise project half designations under the enterprise zone program.), As Introduced
Honorable John Davis, Chair, House Committee on Economic & Small Business Development
Honorable John Davis, Chair, House Committee on Economic & Small Business Development
John S O'Brien, Director, Legislative Budget Board
John S O'Brien, Director, Legislative Budget Board
HB2493 by Torres (Relating to enterprise project half designations under the enterprise zone program.), As Introduced
HB2493 by Torres (Relating to enterprise project half designations under the enterprise zone program.), As Introduced
No significant fiscal implication to the State is anticipated.
No significant fiscal implication to the State is anticipated.
The bill would amend Chapter 2303 of the Texas Government Code, regarding Enterprise Zone projects. The bill would allow the designation of an enterprise project to be split into two half designations and to set a maximum tax refund to each half of $125,000 per fiscal year.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.
Source Agencies: 300 Trusteed Programs Within the Office of the Governor, 301 Office of the Governor, 304 Comptroller of Public Accounts
300 Trusteed Programs Within the Office of the Governor, 301 Office of the Governor, 304 Comptroller of Public Accounts
LBB Staff: JOB, AG, SD, KK
JOB, AG, SD, KK