TO: | Honorable Tom Craddick, Speaker of the House, House of Representatives |
FROM: | John S. O'Brien, Director, Legislative Budget Board |
IN RE: | HB735 by Straus (Relating to the discontinuation of the Telecommunications Infrastructure Fund. ), As Passed 2nd House |
Fiscal Year | Probable Net Positive/(Negative) Impact to General Revenue Related Funds |
---|---|
2008 | $0 |
2009 | ($176,000,000) |
2010 | ($211,754,000) |
2011 | ($212,325,000) |
2012 | $0 |
Fiscal Year | Probable Revenue Gain/(Loss) from GENERAL REVENUE FUND 1 |
---|---|
2008 | $0 |
2009 | ($176,000,000) |
2010 | ($211,754,000) |
2011 | ($212,325,000) |
2012 | $0 |
The bill would repeal Chapter 57, Subchapter C of the Utilities Code, abolishing the Telecommunications Infrastructure Fund (TIF) assessment upon the calendar quarter ending September 30, 2008. The bill also would abolish statutory requirements of funding TIF programs and make conforming changes.
The bill's fiscal impact is based on the Comptroller's 2008-09 Biennial Revenue Estimate (BRE).
Source Agencies: | 304 Comptroller of Public Accounts, 313 Department of Information Resources, 701 Central Education Agency
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LBB Staff: | JOB, CT, JRO, UP, JGM, SD
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