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LEGISLATIVE BUDGET BOARD
Austin, Texas

TAX/FEE EQUITY NOTE 87TH LEGISLATIVE REGULAR SESSION


May 1, 2021

TO:	Honorable Morgan Meyer, Chair, House Committee on Ways & Means

FROM:	Jerry McGinty, Director, Legislative Budget Board

IN RE:	SB1449 by Bettencourt (Relating to the exemption from ad valorem taxation of income-producing tangible personal property having a value of less than a certain amount.), As Engrossed

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:

JMc, KK