LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE
75th Regular Session
April 6, 1997
TO: Honorable Bill Ratliff, Chair IN RE: Senate Bill No. 1778
Committee on Finance By: Shapleigh
Senate
Austin, Texas
FROM: John Keel, Director
In response to your request for a Fiscal Note on SB1778 ( Relating
to reports on and analyses of tax impacts.) this office has
detemined the following:
Biennial Net Impact to General Revenue Funds by SB1778-As Introduced
Implementing the provisions of the bill would result in a net
negative impact of $(739,000) to General Revenue Related Funds
through the biennium ending August 31, 1999.
The bill would make no appropriation but could provide the legal
basis for an appropriation of funds to implement the provisions
of the bill.
Fiscal Analysis
The bill would amend Chapter 403 of the Government Code. The
Office of Comptroller of Public Accounts would be required to
prepare a report for the Legislature and the Governor prior
to each regular legislative session on the overall incidence
of each state tax. In addition, the Legislative Budget Board,
with the assistance as requested of the Comptroller's Office,
would be required to prepare an incidence impact analysis for
bills or resolutions that would increase, decrease, or redistribute
taxes by more than $20 million, upon request from a Senate or
House of Representatives committee chair.
The bill would
take effect September 1, 1997.
Methodolgy
The Comptroller's office estimated that the bill would have
no effect on state or local government revenue. It would, however,
require additional Comptroller's Office staff, computer equipment
and software, and the use of outside consultants to develop
the databases, assist with computer programming, and assist
in preparing the biennial tax incidence report.
The Legislative
Budget Board office would have similar requirements.
The probable fiscal implications of implementing the provisions
of the bill during each of the first five years following passage
is estimated as follows:
Five Year Impact:
Fiscal Year Probable Probable Change in Number
Savings/(Cost) Savings/(Cost) of State
from General from General Employees from
Revenue Fund - Revenue Fund - FY 1997
Comptroller Legislative
Administrative Budget Board
Costs Administrative
Costs
0001 0001
1998 ($219,000) ($200,000) 4.0
1998 (220,000) (100,000) 5.0
2000 (220,000) (100,000) 5.0
2001 (220,000) (100,000) 5.0
2002 (220,000) (100,000) 5.0
Net Impact on General Revenue Related Funds:
The probable fiscal implication to General Revenue related funds
during each of the first five years is estimated as follows:
Fiscal Year Probable Net Postive/(Negative)
General Revenue Related Funds
Funds
1998 ($419,000)
1999 (320,000)
2000 (320,000)
2001 (320,000)
2002 (320,000)
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: Agencies: 304 Comptroller of Public Accounts
LBB Staff: JK ,RR ,BR