LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 76th Regular Session April 26, 1999 TO: Honorable Florence Shapiro, Chair, Senate Committee on State Affairs FROM: John Keel, Director, Legislative Budget Board IN RE: SB1511 by Ogden (Relating to the powers of certain counties and rapid transit and regional transportation authorities within those counties to adopt or impose sales and use taxes.), As Introduced ************************************************************************** * No significant fiscal implication to the State is anticipated. * ************************************************************************** Local Government Impact The bill could allow certain counties currently prohibited from imposing a county sales and use tax to hold an election to establish a county sales and use tax. The amount of revenue a county would be expected to receive if the tax was approved by voters would depend on the level of sales in the county. Source Agencies: 304 Comptroller of Public Accounts LBB Staff: JK, SD, TL