LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE
74th Regular Session
May 1, 1995
TO: Honorable Ron Wilson, Chair, Chair IN RE: Committee Substitute
Committee on Licensing & for House
Administrative Procedures Bill No. 2600
House of Representatives
Austin, Texas
FROM: John Keel, Director
In response to your request for a Fiscal Note on House Bill No.
2600 (relating to the fees required of certain persons who
practice public accountancy) this office has determined the
following:
The bill would exempt accountants employed by the federal
government and engaging in the scope of their federal employment
from paying a $200 annual professional fee.
The bill would also exempt accountants employed by state
government from paying a $200 annual professional fee if the
employing state agency has authorized the payment of the fee on
behalf of the license holder..
While the exemption of federal employees would result in a loss
in fee revenue as shown below, the exemption of certain state
employees will not result in a net revenue loss to the state.
The probable fiscal implication of implementing the provisions of
the bill during each of the first five years following passage
is estimated as follows:
Fiscal Probable Revenue Probable Revenue
Year Loss from General Loss from
Revenue Fund 001 Foundation School
Fund 193
1996 $69,525 $23,175
1997 71,611 23,870
1998 73,759 24,586
1999 75,972 25,324
2000 78,251 26,084
Similar annual fiscal implications would continue as long as the
provisions of the bill are in effect.
No fiscal implication to units of local government is
anticipated.
Source: Board of Public Accountancy
LBB Staff: JK, JB, DF