LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION March 18, 2011 TO: Honorable Harvey Hilderbran, Chair, House Committee on Ways & Means FROM: John S O'Brien, Director, Legislative Budget Board IN RE:HB2582 by Murphy (Relating to the repeal of the partial tax exemption for certain beer.), As Introduced No significant fiscal implication to the State is anticipated. The bill would repeal Section 203.08 of the Alcoholic Beverage Code, which allows a 25 percent exemption from the $6 per barrel beer excise tax on beer for beer produced in Texas by manufacturers whose annual production is less than 75,000 barrels. The revenue loss to the state from Texas beer manufacturers qualifying for this exemption is not expected to be significant.The bill would take effect September 1, 2011. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies:304 Comptroller of Public Accounts LBB Staff: JOB, KK, SD, AG
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION
March 18, 2011
TO: Honorable Harvey Hilderbran, Chair, House Committee on Ways & Means FROM: John S O'Brien, Director, Legislative Budget Board IN RE:HB2582 by Murphy (Relating to the repeal of the partial tax exemption for certain beer.), As Introduced
TO: Honorable Harvey Hilderbran, Chair, House Committee on Ways & Means
FROM: John S O'Brien, Director, Legislative Budget Board
IN RE: HB2582 by Murphy (Relating to the repeal of the partial tax exemption for certain beer.), As Introduced
Honorable Harvey Hilderbran, Chair, House Committee on Ways & Means
Honorable Harvey Hilderbran, Chair, House Committee on Ways & Means
John S O'Brien, Director, Legislative Budget Board
John S O'Brien, Director, Legislative Budget Board
HB2582 by Murphy (Relating to the repeal of the partial tax exemption for certain beer.), As Introduced
HB2582 by Murphy (Relating to the repeal of the partial tax exemption for certain beer.), As Introduced
No significant fiscal implication to the State is anticipated.
No significant fiscal implication to the State is anticipated.
The bill would repeal Section 203.08 of the Alcoholic Beverage Code, which allows a 25 percent exemption from the $6 per barrel beer excise tax on beer for beer produced in Texas by manufacturers whose annual production is less than 75,000 barrels. The revenue loss to the state from Texas beer manufacturers qualifying for this exemption is not expected to be significant.The bill would take effect September 1, 2011.
The bill would repeal Section 203.08 of the Alcoholic Beverage Code, which allows a 25 percent exemption from the $6 per barrel beer excise tax on beer for beer produced in Texas by manufacturers whose annual production is less than 75,000 barrels.
The revenue loss to the state from Texas beer manufacturers qualifying for this exemption is not expected to be significant.The bill would take effect September 1, 2011.
Local Government Impact
No fiscal implication to units of local government is anticipated.
Source Agencies: 304 Comptroller of Public Accounts
304 Comptroller of Public Accounts
LBB Staff: JOB, KK, SD, AG
JOB, KK, SD, AG