TO: | Honorable Mike Krusee, Chair, House Committee on Transportation |
FROM: | John S. O'Brien, Director, Legislative Budget Board |
IN RE: | HB504 by Naishtat (Relating to payment for the provision of services by a metropolitan rapid transit authority to persons with disabilities in a unit of election that has withdrawn from the authority.), As Introduced |
The bill would amend the Transportation Code to change the amount of sales and use tax revenue collected from a unit of election to be remitted to a metropolitan rapid transit authority (authority) that provided services to persons with disabilities in that unit of election once the unit has withdrawn from the authority.
Under current statute, the comptroller is required to withhold from the amount of sales and use tax revenue refunded to a unit that has withdrawn from an authority one-half the difference between the cost of providing services to persons with disabilities in the unit and the fares charged during the period in which the sales and use tax was collected. Under the provisions of the bill, the comptroller would withhold from the amount refunded to the unit the full amount of the difference between the cost of providing services and the fares charged and remit that amount to the authority.
The Comptroller of Public Accounts indicates there would be no new costs to the agency associated with implementing provisions of the bill.
Source Agencies: | 304 Comptroller of Public Accounts
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LBB Staff: | JOB, KJG, DB
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