LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 78TH LEGISLATIVE REGULAR SESSION

March 31, 2003

TO:	Honorable Ron Wilson, Chair, House Committee on Ways & Means
FROM:	John Keel, Director, Legislative Budget Board
IN RE:	HB1994 by Gutierrez (Relating to the reporting of sales tax refunds for items exported beyond the territorial limits of the United States.), As Introduced

No fiscal implication to the State is anticipated.

The bill would amend Section 151.406(a) of the Tax Code to require sales tax reports filed with the Comptroller to show the amount of sales tax refunded for items exported beyond the territorial limits of the United States using documentation provided by a customs broker under 151.307(b)(2).

The bill would take effect October 1, 2003; it would apply only to a tax report due on or after that date.

The bill would require additional information to be included on sales tax reports filed with the Comptroller. There would be no fiscal impact on the state or units of local government.

Local Government Impact

No fiscal implication to units of local government is anticipated.

Source Agencies:	304 Comptroller of Public Accounts
LBB Staff:	JK, SD, WP, SM