LEGISLATIVE BUDGET BOARD
Austin, Texas
 
FISCAL NOTE, 84TH LEGISLATIVE REGULAR SESSION
 
May 13, 2015

TO:
Honorable Kevin Eltife, Chair, Senate Committee on Business & Commerce
 
FROM:
Ursula Parks, Director, Legislative Budget Board
 
IN RE:
HB2358 by Lucio III (Relating to the exemption from certain registration and licensing requirements and taxes for certain businesses and employees who enter this state in response to a disaster or emergency.), As Engrossed

No significant fiscal implication to the State is anticipated.

The bill would amend the Business & Commerce Code and the Tax Code to exempt from certain registration and licensing requirements and taxes certain businesses and employees who enter the state in response to a disaster or emergency. The exemptions would not apply for an out-of-state business entity or an affiliated in-state business entity who remains in the state after a disaster response. It is assumed the bill would not result in a significant fiscal impact to the state's revenues.

Local Government Impact

No significant fiscal implication to units of local government is anticipated.


Source Agencies:
304 Comptroller of Public Accounts, 307 Secretary of State, 405 Department of Public Safety
LBB Staff:
UP, JAW, ESi, AI, CL