TO:	Honorable Rene Oliveira, Chair, House Committee on Ways & Means
FROM:	John S. O'Brien, Director, Legislative Budget Board
IN RE:	HB2945 by Harper-Brown (Relating to the total revenue exemption from the franchise tax.), As Introduced

The bill raises the revenue threshold for 2010 only.  The equity model only creates an analysis for fiscal year 2011 due to the secondary impacts.   Therefore, an equity analysis for fiscal year 2010 cannot be determined.