LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 87TH LEGISLATIVE REGULAR SESSION April 9, 2021 TO: Honorable Chris Turner, Chair, House Committee on Business & Industry FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB4182 by Turner, Chris (relating to the employment status of certain remote service workers.), Committee Report 1st House, Substituted No significant fiscal implication to the State is anticipated. It is assumed that the costs associated with the bill's provisions relating to the employment status of certain remote service workers could be absorbed using existing resources.Potential Cost to Employers Affected by LegislationAccording to the Texas Workforce Commission, whether services are determined to be in an independent contractor relationship under state law is not relevant to the determination by the Internal Revenue Service (the decision is based on federal law) therefore there may be negative tax consequences for employers who have workers designated as independent contractors under the bill's provisions. Local Government ImpactNo fiscal implication to units of local government is anticipated. Source Agencies: b > td > 320 Texas Workforce Commission LBB Staff: b > td > JMc, SZ, MB, DFR
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 87TH LEGISLATIVE REGULAR SESSION
April 9, 2021
TO: Honorable Chris Turner, Chair, House Committee on Business & Industry FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB4182 by Turner, Chris (relating to the employment status of certain remote service workers.), Committee Report 1st House, Substituted
TO: Honorable Chris Turner, Chair, House Committee on Business & Industry
FROM: Jerry McGinty, Director, Legislative Budget Board
IN RE: HB4182 by Turner, Chris (relating to the employment status of certain remote service workers.), Committee Report 1st House, Substituted
Honorable Chris Turner, Chair, House Committee on Business & Industry
Honorable Chris Turner, Chair, House Committee on Business & Industry
Jerry McGinty, Director, Legislative Budget Board
Jerry McGinty, Director, Legislative Budget Board
HB4182 by Turner, Chris (relating to the employment status of certain remote service workers.), Committee Report 1st House, Substituted
HB4182 by Turner, Chris (relating to the employment status of certain remote service workers.), Committee Report 1st House, Substituted
No significant fiscal implication to the State is anticipated.
No significant fiscal implication to the State is anticipated.
It is assumed that the costs associated with the bill's provisions relating to the employment status of certain remote service workers could be absorbed using existing resources.Potential Cost to Employers Affected by LegislationAccording to the Texas Workforce Commission, whether services are determined to be in an independent contractor relationship under state law is not relevant to the determination by the Internal Revenue Service (the decision is based on federal law) therefore there may be negative tax consequences for employers who have workers designated as independent contractors under the bill's provisions.
Potential Cost to Employers Affected by LegislationAccording to the Texas Workforce Commission, whether services are determined to be in an independent contractor relationship under state law is not relevant to the determination by the Internal Revenue Service (the decision is based on federal law) therefore there may be negative tax consequences for employers who have workers designated as independent contractors under the bill's provisions.
Potential Cost to Employers Affected by Legislation
According to the Texas Workforce Commission, whether services are determined to be in an independent contractor relationship under state law is not relevant to the determination by the Internal Revenue Service (the decision is based on federal law) therefore there may be negative tax consequences for employers who have workers designated as independent contractors under the bill's provisions.
Local Government Impact
No fiscal implication to units of local government is anticipated.
Source Agencies: b > td > 320 Texas Workforce Commission
320 Texas Workforce Commission
LBB Staff: b > td > JMc, SZ, MB, DFR
JMc, SZ, MB, DFR