LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 83RD LEGISLATIVE REGULAR SESSION March 18, 2013 TO: Honorable Tommy Williams, Chair, Senate Committee On Finance FROM: Ursula Parks, Director, Legislative Budget Board IN RE:SB485 by Ellis (Relating to the sales tax exemption period for clothing and footwear.), As Introduced No fiscal implication to the State is anticipated. The bill would amend Chapter 151 of the Tax Code, regarding the sales tax exemption for clothing and footwear for a limited period. The bill would change the weekend that certain clothing and footwear would be exempt from the sales tax. The bill would take effect immediately if it received a vote of two-thirds of all Members in both houses. Otherwise the bill would take effect September 1, 2013. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies: LBB Staff: UP, KK LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 83RD LEGISLATIVE REGULAR SESSION March 18, 2013 TO: Honorable Tommy Williams, Chair, Senate Committee On Finance FROM: Ursula Parks, Director, Legislative Budget Board IN RE:SB485 by Ellis (Relating to the sales tax exemption period for clothing and footwear.), As Introduced TO: Honorable Tommy Williams, Chair, Senate Committee On Finance FROM: Ursula Parks, Director, Legislative Budget Board IN RE: SB485 by Ellis (Relating to the sales tax exemption period for clothing and footwear.), As Introduced Honorable Tommy Williams, Chair, Senate Committee On Finance Honorable Tommy Williams, Chair, Senate Committee On Finance Ursula Parks, Director, Legislative Budget Board Ursula Parks, Director, Legislative Budget Board SB485 by Ellis (Relating to the sales tax exemption period for clothing and footwear.), As Introduced SB485 by Ellis (Relating to the sales tax exemption period for clothing and footwear.), As Introduced No fiscal implication to the State is anticipated. No fiscal implication to the State is anticipated. The bill would amend Chapter 151 of the Tax Code, regarding the sales tax exemption for clothing and footwear for a limited period. The bill would change the weekend that certain clothing and footwear would be exempt from the sales tax. The bill would take effect immediately if it received a vote of two-thirds of all Members in both houses. Otherwise the bill would take effect September 1, 2013. The bill would amend Chapter 151 of the Tax Code, regarding the sales tax exemption for clothing and footwear for a limited period. The bill would change the weekend that certain clothing and footwear would be exempt from the sales tax. The bill would take effect immediately if it received a vote of two-thirds of all Members in both houses. Otherwise the bill would take effect September 1, 2013. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies: LBB Staff: UP, KK UP, KK