Honorable Joan Huffman, Chair, Senate Committee on Finance
FROM:
Jerry McGinty, Director, Legislative Budget Board
IN RE:
SB341 by Springer (Relating to the applicability of the mixed beverage gross receipts tax and the mixed beverage sales tax to items sold by certain nonprofit entity temporary event permittees.), As Introduced
No significant fiscal implication to the State is anticipated.
This bill would amend Chapter 183 of the Tax Code, relating to Mixed Beverage Taxes, to exclude nonprofit entity temporary event permittees from the definition of a permittee (and, therefore, from taxation) for purposes of mixed beverage taxes if that nonprofit temporary event permittee only sells wine and malt beverages above one-half percent alcohol by volume but no greater than 17 percent by volume.
Although the bill's provisions could have a revenue impact to the state, the amounts are not expected to be significant.
Local Government Impact
No fiscal implication to units of local government is anticipated.