TO: | Honorable Rene Oliveira, Chair, House Committee on Ways & Means |
FROM: | John S. O'Brien, Director, Legislative Budget Board |
IN RE: | HB803 by Burnam (Relating to the period during which certain energy-efficient products are exempt from the sales tax.), As Introduced |
Fiscal Year | Probable Savings/(Cost) from General Revenue Fund 1 |
Probable Savings/(Cost) from Cities |
Probable Savings/(Cost) from Transit Authorities |
Probable Savings/(Cost) from Counties |
---|---|---|---|---|
2009 | ($1,735,000) | $0 | $0 | $0 |
2010 | ($21,771,000) | ($4,049,000) | ($1,381,000) | ($572,000) |
2011 | ($22,893,000) | ($4,258,000) | ($1,452,000) | ($602,000) |
2012 | ($23,933,000) | ($4,451,000) | ($1,518,000) | ($629,000) |
2013 | ($24,994,000) | ($4,648,000) | ($1,585,000) | ($657,000) |
2014 | ($26,060,000) | ($4,847,000) | ($1,653,000) | ($685,000) |
Fiscal Year | Probable Revenue Gain/(Loss) from General Revenue Fund 1 |
Probable Revenue Gain/(Loss) from Cities |
Probable Revenue Gain/(Loss) from Transit Authorities |
Probable Revenue Gain/(Loss) from Counties |
---|---|---|---|---|
2010 | ($18,143,000) | ($3,037,000) | ($1,036,000) | ($429,000) |
2011 | ($22,893,000) | ($4,258,000) | ($1,452,000) | ($602,000) |
2012 | ($23,933,000) | ($4,451,000) | ($1,518,000) | ($629,000) |
2013 | ($24,994,000) | ($4,648,000) | ($1,585,000) | ($657,000) |
2014 | ($26,060,000) | ($4,847,000) | ($1,653,000) | ($685,000) |
The bill would amend Chapter 151 of the Tax Code to create a sales tax exemption for certain energy-efficient products if the products were purchased by a person receiving services under the Temporary Assistance for Needy Families (TANF) or food stamp program.
The exemption would apply to items eligible for the current sales tax holiday for energy-efficient products. A person requesting the exemption would be required to present a Lone Star Card issued by the Health and Human Services Commission as proof the person is receiving TANF or food stamp services.The bill would take effect July 1, 2009, assuming that it received the requisite two-thirds majority votes in both houses of the Legislature. Otherwise, it would take effect October 1, 2009.
Data on the number of households receiving TANF or food stamp services were gathered from the Health and Human Services Commission. Expenditures for energy-efficient products by households receiving these services were estimated based on data gathered from the U.S. Bureau of Labor Statistics. Expenditures were multiplied by the state sales tax rate; adjusted for potential effective dates of July 1, 2009 and October 1, 2009; and extrapolated through fiscal 2014. Fiscal implications on units of local government were estimated proportionally.
Source Agencies: | 304 Comptroller of Public Accounts
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LBB Staff: | JOB, MN, SD, KK
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