LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 84TH LEGISLATIVE REGULAR SESSION March 16, 2015 TO: Honorable Dennis Bonnen, Chair, House Committee on Ways & Means FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB1261 by King, Susan (Relating to the comptroller's report on the effect of certain tax provisions.), As Introduced No significant fiscal implication to the State is anticipated. The bill would amend Chapter 403, Government Code, to provide additional requirements for the Comptroller of Public Accounts when preparing the report required under Section 403.014 regarding the effect of exemptions, discounts, exclusions, special valuations, special accounting treatments, special rates, and special methods of reporting relating to certain taxes. The Comptroller of Public Accounts indicates that any costs associated with the bill could be absorbed within the agency's existing resources. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies:304 Comptroller of Public Accounts LBB Staff: UP, KK, EP, LCO
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 84TH LEGISLATIVE REGULAR SESSION
March 16, 2015
TO: Honorable Dennis Bonnen, Chair, House Committee on Ways & Means FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB1261 by King, Susan (Relating to the comptroller's report on the effect of certain tax provisions.), As Introduced
TO: Honorable Dennis Bonnen, Chair, House Committee on Ways & Means
FROM: Ursula Parks, Director, Legislative Budget Board
IN RE: HB1261 by King, Susan (Relating to the comptroller's report on the effect of certain tax provisions.), As Introduced
Honorable Dennis Bonnen, Chair, House Committee on Ways & Means
Honorable Dennis Bonnen, Chair, House Committee on Ways & Means
Ursula Parks, Director, Legislative Budget Board
Ursula Parks, Director, Legislative Budget Board
HB1261 by King, Susan (Relating to the comptroller's report on the effect of certain tax provisions.), As Introduced
HB1261 by King, Susan (Relating to the comptroller's report on the effect of certain tax provisions.), As Introduced
No significant fiscal implication to the State is anticipated.
No significant fiscal implication to the State is anticipated.
The bill would amend Chapter 403, Government Code, to provide additional requirements for the Comptroller of Public Accounts when preparing the report required under Section 403.014 regarding the effect of exemptions, discounts, exclusions, special valuations, special accounting treatments, special rates, and special methods of reporting relating to certain taxes. The Comptroller of Public Accounts indicates that any costs associated with the bill could be absorbed within the agency's 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: UP, KK, EP, LCO
UP, KK, EP, LCO