LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 87TH LEGISLATIVE REGULAR SESSION May 6, 2021 TO: Honorable Jane Nelson, Chair, Senate Committee on Finance FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB3799 by Metcalf (Relating to the exemption from sales and use taxes for items sold by a nonprofit organization at a county fair.), As Engrossed No significant fiscal implication to the State is anticipated. The bill would amend Section 151.3102 of the Tax Code to limit the sales tax exemption for sales made by nonprofits at county fairs to events that are operated by a county fair association and on property owned by the county.County fair association would be defined as a 501(c)(3) nonprofit organization that operates a county fair primarily for the exhibition of horticultural products, agricultural products, or livestock.According to the Comptroller of Public Accounts, the bill clarifies existing statute and therefore would have only a negligible revenue impact to the state and units of local government.The bill would take effect October 1, 2021. Local Government ImpactNo significant fiscal implication to units of local government is anticipated. Source Agencies: b > td > 304 Comptroller of Public Accounts LBB Staff: b > td > JMc, KK, SD
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 87TH LEGISLATIVE REGULAR SESSION
May 6, 2021
TO: Honorable Jane Nelson, Chair, Senate Committee on Finance FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB3799 by Metcalf (Relating to the exemption from sales and use taxes for items sold by a nonprofit organization at a county fair.), As Engrossed
TO: Honorable Jane Nelson, Chair, Senate Committee on Finance
FROM: Jerry McGinty, Director, Legislative Budget Board
IN RE: HB3799 by Metcalf (Relating to the exemption from sales and use taxes for items sold by a nonprofit organization at a county fair.), As Engrossed
Honorable Jane Nelson, Chair, Senate Committee on Finance
Honorable Jane Nelson, Chair, Senate Committee on Finance
Jerry McGinty, Director, Legislative Budget Board
Jerry McGinty, Director, Legislative Budget Board
HB3799 by Metcalf (Relating to the exemption from sales and use taxes for items sold by a nonprofit organization at a county fair.), As Engrossed
HB3799 by Metcalf (Relating to the exemption from sales and use taxes for items sold by a nonprofit organization at a county fair.), As Engrossed
No significant fiscal implication to the State is anticipated.
No significant fiscal implication to the State is anticipated.
The bill would amend Section 151.3102 of the Tax Code to limit the sales tax exemption for sales made by nonprofits at county fairs to events that are operated by a county fair association and on property owned by the county.County fair association would be defined as a 501(c)(3) nonprofit organization that operates a county fair primarily for the exhibition of horticultural products, agricultural products, or livestock.According to the Comptroller of Public Accounts, the bill clarifies existing statute and therefore would have only a negligible revenue impact to the state and units of local government.The bill would take effect October 1, 2021.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.
Source Agencies: b > td > 304 Comptroller of Public Accounts
304 Comptroller of Public Accounts
LBB Staff: b > td > JMc, KK, SD
JMc, KK, SD