LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION April 26, 2011 TO: Honorable Harvey Hilderbran, Chair, House Committee on Ways & Means FROM: John S O'Brien, Director, Legislative Budget Board IN RE:HB654 by Solomons (relating to a report regarding the municipality or county of origin of certain tax revenue collected by the comptroller.), Committee Report 1st House, Substituted No significant fiscal implication to the State is anticipated. The bill would amend Government Code, Chapter 403 to require the Comptroller to report to the Legislature and Governor before each regular session of the Legislature the amount of revenue remitted to the Comptroller in each municipality and county for each tax collected by the Comptroller if that information is available from tax returns. The bill would direct the Comptroller to publish the report on the agency's Internet website not later than the 20th day after the report is provided to the Legislature and Governor. It is anticipated that any additional costs associated with implementation of the legislation could be absorbed within existing resources. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies:304 Comptroller of Public Accounts LBB Staff: JOB, KK, MS, LCO
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION
April 26, 2011
TO: Honorable Harvey Hilderbran, Chair, House Committee on Ways & Means FROM: John S O'Brien, Director, Legislative Budget Board IN RE:HB654 by Solomons (relating to a report regarding the municipality or county of origin of certain tax revenue collected by the comptroller.), Committee Report 1st House, Substituted
TO: Honorable Harvey Hilderbran, Chair, House Committee on Ways & Means
FROM: John S O'Brien, Director, Legislative Budget Board
IN RE: HB654 by Solomons (relating to a report regarding the municipality or county of origin of certain tax revenue collected by the comptroller.), Committee Report 1st House, Substituted
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
HB654 by Solomons (relating to a report regarding the municipality or county of origin of certain tax revenue collected by the comptroller.), Committee Report 1st House, Substituted
HB654 by Solomons (relating to a report regarding the municipality or county of origin of certain tax revenue collected by the comptroller.), Committee Report 1st House, Substituted
No significant fiscal implication to the State is anticipated.
No significant fiscal implication to the State is anticipated.
The bill would amend Government Code, Chapter 403 to require the Comptroller to report to the Legislature and Governor before each regular session of the Legislature the amount of revenue remitted to the Comptroller in each municipality and county for each tax collected by the Comptroller if that information is available from tax returns. The bill would direct the Comptroller to publish the report on the agency's Internet website not later than the 20th day after the report is provided to the Legislature and Governor. It is anticipated that any additional costs associated with implementation of the legislation could be absorbed within existing resources.
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, MS, LCO
JOB, KK, MS, LCO