LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 77th Regular Session March 30, 2001 TO: Honorable Rene Oliveira, Chair, House Committee on Ways & Means FROM: John Keel, Director, Legislative Budget Board IN RE: HB2413 by Ritter (Relating to the tax on cigarettes, cigars, and other tobacco products.), Committee Report 1st House, Substituted ************************************************************************** * No significant fiscal implication to the State is anticipated. * ************************************************************************** The bill would amend Chapter 155 of the Tax Code to require that the premises on which a permit applicant or holder stores cigars or tobacco products could not be a residence or a unit in a public storage facility. The bill would not allow common carriers that transport cigars or tobacco products to have a pecuniary interest in the cigars or tobacco products they transport. Persons holding permits for tobacco vending machines would be required to designate in their permit application a permanent place of business to maintain the records required by this Code. The bill would codify the administrative procedures currently followed by the Comptroller's Office. The bill would take effect September 1, 2001. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies: 304 Comptroller of Public Accounts LBB Staff: JK, SD