Enrolled Bill Summary

Enrolled Bill Summary

Legislative Session: 77(R)

HOUSE BILL 1285

HOUSE AUTHOR: Brimer

EFFECTIVE: 6-14-01

SENATE SPONSOR: Moncrief

            House Bill 1285 amends the Tax Code to require the comptroller on request to provide a municipality with the aggregate total of sales and use tax the municipality received during the preceding or current calendar year by each person doing business in an area that is defined as part of an interlocal agreement, tax abatement agreement, reinvestment zone, tax increment financing district, revenue sharing agreement, enterprise zone, neighborhood empowerment zone, or other similar agreement, zone, or district, or any area defined by the municipality for the purpose of economic forecasting. The comptroller may not disclose individual tax payments made by persons doing business in an area, and must refuse a request that involves three or fewer persons doing business in a defined area unless the comptroller receives permission from each of the persons. The information received by a municipality is confidential and may be used only for economic forecasting or to assist the municipality in determining revenue sharing under a revenue sharing agreement or other similar agreement.