LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE
74th Regular Session
April 13, 1995
TO: Honorable Tom Craddick, Chair IN RE: Senate BillNo. 403,
Committee on Ways & Means as amended
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