TO: | Honorable Steve Ogden, Chair, Senate Committee on Finance |
FROM: | John Keel, Director, Legislative Budget Board |
IN RE: | SJR8 by Duncan (Proposing a constitutional amendment authorizing a business tax, including on the income of individuals who benefit from personal liability limitations, and dedicating the revenue from the tax to fund public education.), As Introduced |
The cost to the state for publication of the resolution is $85,275.
The resolution would authorize the legislature by general law to impose a business tax on certain entities doing business in this state.
The proposed amendment alone, without enabling statutory language, would have no fiscal impact on the state or units of local government.
Source Agencies: |
LBB Staff: | JK, JO, CT, WP, SD
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