LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 84TH LEGISLATIVE REGULAR SESSION May 13, 2015 TO: Honorable Kevin Eltife, Chair, Senate Committee on Business & Commerce FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB2358 by Lucio III (Relating to the exemption from certain registration and licensing requirements and taxes for certain businesses and employees who enter this state in response to a disaster or emergency.), As Engrossed No significant fiscal implication to the State is anticipated. The bill would amend the Business & Commerce Code and the Tax Code to exempt from certain registration and licensing requirements and taxes certain businesses and employees who enter the state in response to a disaster or emergency. The exemptions would not apply for an out-of-state business entity or an affiliated in-state business entity who remains in the state after a disaster response. It is assumed the bill would not result in a significant fiscal impact to the state's revenues. Local Government Impact No significant fiscal implication to units of local government is anticipated. Source Agencies:304 Comptroller of Public Accounts, 307 Secretary of State, 405 Department of Public Safety LBB Staff: UP, JAW, ESi, AI, CL
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 84TH LEGISLATIVE REGULAR SESSION
May 13, 2015
TO: Honorable Kevin Eltife, Chair, Senate Committee on Business & Commerce FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB2358 by Lucio III (Relating to the exemption from certain registration and licensing requirements and taxes for certain businesses and employees who enter this state in response to a disaster or emergency.), As Engrossed
TO: Honorable Kevin Eltife, Chair, Senate Committee on Business & Commerce
FROM: Ursula Parks, Director, Legislative Budget Board
IN RE: HB2358 by Lucio III (Relating to the exemption from certain registration and licensing requirements and taxes for certain businesses and employees who enter this state in response to a disaster or emergency.), As Engrossed
Honorable Kevin Eltife, Chair, Senate Committee on Business & Commerce
Honorable Kevin Eltife, Chair, Senate Committee on Business & Commerce
Ursula Parks, Director, Legislative Budget Board
Ursula Parks, Director, Legislative Budget Board
HB2358 by Lucio III (Relating to the exemption from certain registration and licensing requirements and taxes for certain businesses and employees who enter this state in response to a disaster or emergency.), As Engrossed
HB2358 by Lucio III (Relating to the exemption from certain registration and licensing requirements and taxes for certain businesses and employees who enter this state in response to a disaster or emergency.), As Engrossed
No significant fiscal implication to the State is anticipated.
No significant fiscal implication to the State is anticipated.
The bill would amend the Business & Commerce Code and the Tax Code to exempt from certain registration and licensing requirements and taxes certain businesses and employees who enter the state in response to a disaster or emergency. The exemptions would not apply for an out-of-state business entity or an affiliated in-state business entity who remains in the state after a disaster response. It is assumed the bill would not result in a significant fiscal impact to the state's revenues.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.
Source Agencies: 304 Comptroller of Public Accounts, 307 Secretary of State, 405 Department of Public Safety
304 Comptroller of Public Accounts, 307 Secretary of State, 405 Department of Public Safety
LBB Staff: UP, JAW, ESi, AI, CL
UP, JAW, ESi, AI, CL