TO: | Honorable Dustin Burrows, Chair, House Committee on Ways & Means |
FROM: | John McGeady, Assistant Director Sarah Keyton, Assistant Director Legislative Budget Board |
IN RE: | HB2611 by Morrison (relating to the treatment of certain limited liability companies as passive entities for purposes of the franchise tax.), Committee Report 1st House, Substituted |
Fiscal Year | Probable Net Positive/(Negative) Impact to General Revenue Related Funds |
---|---|
2020 | $0 |
2021 | $0 |
2022 | $0 |
2023 | $0 |
2024 | $0 |
Fiscal Year | Probable Revenue (Loss) from Property Tax Relief Fund 304 |
---|---|
2020 | ($16,977,000) |
2021 | ($17,576,000) |
2022 | ($18,096,000) |
2023 | ($18,660,000) |
2024 | ($19,235,000) |
Source Agencies: | 304 Comptroller of Public Accounts
|
LBB Staff: | WP, KK, SD
|