TO: | Honorable Jane Nelson, Chair, Senate Committee on Finance |
FROM: | Ursula Parks, Director, Legislative Budget Board |
IN RE: | SB8 by Schwertner (Relating to the total revenue exemption for the franchise tax.), As Introduced |
Fiscal Year | Probable Net Positive/(Negative) Impact to General Revenue Related Funds |
---|---|
2016 | $0 |
2017 | $0 |
2018 | $0 |
2019 | $0 |
2020 | $0 |
Fiscal Year | Probable Revenue (Loss) from Property Tax Relief Fund 304 |
---|---|
2016 | ($376,514,000) |
2017 | ($383,312,000) |
2018 | ($381,807,000) |
2019 | ($388,913,000) |
2020 | ($394,392,000) |
Source Agencies: | 304 Comptroller of Public Accounts
|
LBB Staff: | UP, KK, SD
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