LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION May 2, 2011 TO: Honorable Harvey Hilderbran, Chair, House Committee on Ways & Means FROM: John S O'Brien, Director, Legislative Budget Board IN RE:HJR145 by Raymond (Proposing a constitutional amendment providing honesty in state taxation.), As Introduced No significant fiscal implication to the State is anticipated, other than the cost of publication. The cost to the state for publication of the resolution is $105,495. The resolution would propose adding Section (2-a) to Article VIII of the Texas Constitution. Section (2-a) would define a "regulatory tax" and prohibit the Legislature from imposing or changing a state tax, including a state regulatory tax, if the tax is identified as another type of charge. The proposed constitutional amendment shall be submitted to the voters at an election to be held November 8, 2011. Local Government Impact No significant fiscal implication to units of local government is anticipated. Source Agencies:304 Comptroller of Public Accounts LBB Staff: JOB, KK, SD LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION May 2, 2011 TO: Honorable Harvey Hilderbran, Chair, House Committee on Ways & Means FROM: John S O'Brien, Director, Legislative Budget Board IN RE:HJR145 by Raymond (Proposing a constitutional amendment providing honesty in state taxation.), As Introduced TO: Honorable Harvey Hilderbran, Chair, House Committee on Ways & Means FROM: John S O'Brien, Director, Legislative Budget Board IN RE: HJR145 by Raymond (Proposing a constitutional amendment providing honesty in state taxation.), 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 HJR145 by Raymond (Proposing a constitutional amendment providing honesty in state taxation.), As Introduced HJR145 by Raymond (Proposing a constitutional amendment providing honesty in state taxation.), As Introduced No significant fiscal implication to the State is anticipated, other than the cost of publication. The cost to the state for publication of the resolution is $105,495. No significant fiscal implication to the State is anticipated, other than the cost of publication. The cost to the state for publication of the resolution is $105,495. The cost to the state for publication of the resolution is $105,495. The resolution would propose adding Section (2-a) to Article VIII of the Texas Constitution. Section (2-a) would define a "regulatory tax" and prohibit the Legislature from imposing or changing a state tax, including a state regulatory tax, if the tax is identified as another type of charge. The proposed constitutional amendment shall be submitted to the voters at an election to be held November 8, 2011. The resolution would propose adding Section (2-a) to Article VIII of the Texas Constitution. Section (2-a) would define a "regulatory tax" and prohibit the Legislature from imposing or changing a state tax, including a state regulatory tax, if the tax is identified as another type of charge. The proposed constitutional amendment shall be submitted to the voters at an election to be held November 8, 2011. Local Government Impact No significant 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 JOB, KK, SD