LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION April 29, 2011 TO: Honorable John Carona, Chair, Senate Committee on Business & Commerce 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 Engrossed 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 gain 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
April 29, 2011
TO: Honorable John Carona, Chair, Senate Committee on Business & Commerce 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 Engrossed
TO: Honorable John Carona, Chair, Senate Committee on Business & Commerce
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 Engrossed
Honorable John Carona, Chair, Senate Committee on Business & Commerce
Honorable John Carona, Chair, Senate Committee on Business & Commerce
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 Engrossed
HB2582 by Murphy (Relating to the repeal of the partial tax exemption for certain beer.), As Engrossed
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 gain 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 gain 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