S.B. No. 1111 amends Section 403.014(a) of the Government Code to expand the scope of taxes included in the comptroller's report on the effects of certain tax provisions. The bill adds the motor vehicle tax under Section 152.090 of the Tax Code and each severance tax under Subtitle I, Title 2 of the Tax Code to the list of taxes that the comptroller must report on. This change aims to ensure that a broader range of tax impacts is assessed and communicated to the legislature and the governor before each regular session.

The bill specifies that the comptroller's report will cover exemptions, discounts, exclusions, special valuations, special accounting treatments, special rates, and special methods of reporting related to these taxes, along with sales, excise, and use tax, franchise tax, school district property taxes, and any other tax generating more than five percent of state tax revenue in the prior fiscal year. The act will take effect immediately if it receives a two-thirds vote from both houses; otherwise, it will take effect on September 1, 2025.

Statutes affected:
Introduced: Government Code 403.014 (Government Code 403)