Amend CSSB 1 (house committee printing) in ARTICLE 14 of the bill by adding the following appropriately numbered SECTION and renumbering the subsequent SECTIONS of the ARTICLE appropriately:
SECTION 14.____. Section 403.014(b), Government Code, is amended to read as follows:
(b) The report must include:
(1) an analysis of each special provision that reduces the amount of tax payable, to include an estimate of the loss of revenue for a six-year period including the current fiscal biennium and a citation of the statutory or legal authority for the provision; [and]
(2) for provisions reducing revenue by more than one percent of total revenue for a tax covered by this section:
(A) the effect of each provision on the distribution of the tax burden by income class and industry or business class, as appropriate; and
(B) the effect of each provision on total income by income class; and
(3) for each entity, including a corporation or other business entity, that receives a reduction of taxes payable as a result of a special provision, the actual dollar amount of the reduction the entity received since the most recent report under this section, regardless of whether the information is confidential under state law, including Sections 111.006 and 151.027, Tax Code.