TO: | Honorable Dennis Bonnen, Chair, House Committee on Ways & Means |
FROM: | Ursula Parks, Director, Legislative Budget Board |
IN RE: | SB7 by Nelson (Relating to the computation of and to decreasing the rates of the franchise tax.), As Engrossed |
Fiscal Year | Probable Net Positive/(Negative) Impact to General Revenue Related Funds |
---|---|
2016 | ($160,000) |
2017 | $0 |
2018 | $0 |
2019 | $0 |
2020 | $0 |
Fiscal Year | Probable Revenue (Loss) from Property Tax Relief Fund 304 |
Probable (Cost) from General Revenue Fund 1 |
---|---|---|
2016 | ($850,713,000) | ($160,000) |
2017 | ($866,072,000) | $0 |
2018 | ($862,671,000) | $0 |
2019 | ($878,729,000) | $0 |
2020 | ($891,106,000) | $0 |
Source Agencies: | 304 Comptroller of Public Accounts
|
LBB Staff: | UP, KK, SD
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