TO: | Honorable Byron Cook, Chair, House Committee on Environmental Regulation |
FROM: | John S. O'Brien, Director, Legislative Budget Board |
IN RE: | HB2922 by Farrar (Relating to a registration fee for manufacturers of certain equipment.), As Introduced |
Fiscal Year | Probable Net Positive/(Negative) Impact to General Revenue Related Funds |
---|---|
2010 | $65,000 |
2011 | $65,000 |
2012 | $65,000 |
2013 | $65,000 |
2014 | $65,000 |
Fiscal Year | Probable Revenue Gain from General Revenue Fund 1 |
---|---|
2010 | $65,000 |
2011 | $65,000 |
2012 | $65,000 |
2013 | $65,000 |
2014 | $65,000 |
The TCEQ reports that there are currently 69 approved computer-equipment manufactures in the state. Of those 69, only an estimated 13 would meet the bill's 1 percent requirement and pay the $5,000 annual registration fee, thereby yielding $65,000 in additional annual revenue. The bill does not specify a specific account to which the revenue would be deposited; this estimate assumes all receipts would be deposited to the General Revenue Fund.
According to the TCEQ, because there are a limited number of fee payers that would be affected by the bill, the agency would be able to accomplish activities relating to fee collection through reallocation of existing staff and resources. Therefore, no significant cost to the state is expected as a result of the bill's passage.
Source Agencies: | 582 Commission on Environmental Quality
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LBB Staff: | JOB, ZS, TL, SD
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