LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE
74th Regular Session
March 22, 1995
TO: Honorable Ron Wilson, Chair IN RE: House Bill No. 2600
Committee on Licensing & By: Kubiak
Administrative Procedures
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 practice of public accountancy
only in the scope of their federal employment from the $200
annual professional fee.
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 $92,700 $30,900
1997 92,700 30,900
1998 92,700 30,900
1999 92,700 30,900
2000 92,700 30,900
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, LR, DF