LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 83RD LEGISLATIVE REGULAR SESSION

April 14, 2013

TO:	Honorable Tommy Williams, Chair, Senate Committee on Finance
FROM:	Ursula Parks, Director, Legislative Budget Board
IN RE:	SB1153 by Davis (Relating to reports issued by the comptroller on the effect of certain tax provisions.), As Introduced

No fiscal implication to the State is anticipated.

This bill would implement a recommendation in the report, "Modify the High-Cost Gas Tax-Rate Reduction to Increase its Cost Transparency and Effectiveness" in the Legislative Budget Board's Government Effectivenss and Efficiency Report submitted to the Eighty-third Texas Legislature, 2013.

The bill would modify the requirements for which taxes are included in the biennial Tax Exemptions and Tax Incidence report. The Comptroller of Public Accounts reports this would not have a fiscal impact to the agency or the state.

Local Government Impact

No fiscal implication to units of local government is anticipated.

Source Agencies:

304 Comptroller of Public Accounts

LBB Staff:

UP, KK, JI, BRi