TO: | Honorable John Davis, Chair, House Committee on Economic & Small Business Development |
FROM: | Ursula Parks, Director, Legislative Budget Board |
IN RE: | HB2941 by Alvarado (Relating to a sales and use tax exemption for certain property and services used in research and development activities performed in conjunction with institutions of higher education.), As Introduced |
No statistically significant impact on the overall distribution of a state tax or fee burden among individuals and businesses is anticipated from the provisions of this bill.
Source Agencies: |
LBB Staff: | UP, KK
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