LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 84TH LEGISLATIVE REGULAR SESSION May 13, 2015 TO: Honorable Jane Nelson, Chair, Senate Committee on Finance FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB2853 by Anderson, Rodney (Relating to the municipal sales and use tax for street maintenance.), As Engrossed No fiscal implication to the State is anticipated. The bill would amend Section 327.007 of the Tax Code to provide that for a certain municipality the sales and use tax for street maintenance would expire after eight years instead of four years after the last reauthorization election. The bill would amend Section 327.008 of the Tax Code to provide that street maintenance tax revenue may be used to maintain and repair sidewalks in addition to municipal streets.This bill would take effect immediately upon enactment, assuming it received the requisite two-thirds majority votes in both houses of the Legislature. Otherwise, it would take effect September 1, 2015. Local Government Impact The bill would extend the period before expiration of the municipal sales and use tax for street maintenance for the city of Grand Prairie. That provision, and the provision extending the uses of revenue from this tax to sidewalks, would have no state revenue implications. The city of Grand Prairie would have four additional years of revenue. Source Agencies:304 Comptroller of Public Accounts LBB Staff: UP, KK
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 84TH LEGISLATIVE REGULAR SESSION
May 13, 2015
TO: Honorable Jane Nelson, Chair, Senate Committee on Finance FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB2853 by Anderson, Rodney (Relating to the municipal sales and use tax for street maintenance.), As Engrossed
TO: Honorable Jane Nelson, Chair, Senate Committee on Finance
FROM: Ursula Parks, Director, Legislative Budget Board
IN RE: HB2853 by Anderson, Rodney (Relating to the municipal sales and use tax for street maintenance.), As Engrossed
Honorable Jane Nelson, Chair, Senate Committee on Finance
Honorable Jane Nelson, Chair, Senate Committee on Finance
Ursula Parks, Director, Legislative Budget Board
Ursula Parks, Director, Legislative Budget Board
HB2853 by Anderson, Rodney (Relating to the municipal sales and use tax for street maintenance.), As Engrossed
HB2853 by Anderson, Rodney (Relating to the municipal sales and use tax for street maintenance.), As Engrossed
No fiscal implication to the State is anticipated.
No fiscal implication to the State is anticipated.
The bill would amend Section 327.007 of the Tax Code to provide that for a certain municipality the sales and use tax for street maintenance would expire after eight years instead of four years after the last reauthorization election. The bill would amend Section 327.008 of the Tax Code to provide that street maintenance tax revenue may be used to maintain and repair sidewalks in addition to municipal streets.This bill would take effect immediately upon enactment, assuming it received the requisite two-thirds majority votes in both houses of the Legislature. Otherwise, it would take effect September 1, 2015.
Local Government Impact
The bill would extend the period before expiration of the municipal sales and use tax for street maintenance for the city of Grand Prairie. That provision, and the provision extending the uses of revenue from this tax to sidewalks, would have no state revenue implications. The city of Grand Prairie would have four additional years of revenue.
Source Agencies: 304 Comptroller of Public Accounts
304 Comptroller of Public Accounts
LBB Staff: UP, KK
UP, KK