LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE 74th Regular Session March 28, 1995 TO: Honorable Tom Craddick, Chair IN RE: Senate BillNo. 403, Committee on Ways & Means asengrossed House of Representatives By: Cain Austin, Texas FROM: John Keel, Director In response to your request for a Fiscal Note on Senate Bill No. 403 (Relating to the occupation tax imposed on attorneys.) this office has determined the following: This bill would provide for collection of the current $200 attorney tax by the State Bar. The Supreme Court would be required to automatically suspend the license of an attorney who failed to pay the fee increase within 90 days following the due date. Penalties and interest would be assessed on delinquent taxes. The bill would implement Gaining Ground recommendation GG 6. The bill would produce a gain to the General Revenue Fund and the Foundation School Fund by increasing voluntary compliance with the law. 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 Gain to the Gain to the General Revenue Foundation School Fund 001 Fund 193 1996 $645,000 $215,000 1997 645,000 215,000 1998 645,000 215,000 1999 645,000 215,000 2000 645,000 215,000 Similar 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: Comptroller of Public Accounts LBB Staff: JK, SM, DF