House Committee on Ways and Means - 74th R.S. (1995)

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Committee Members

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Charges

• Review any fund balances attributable to excess sales tax revenues of Metropolitan Transit Authorities, including the Authorities' plans for use of the balances.

• Study features of the franchise tax that enable companies to minimize or avoid tax liability, including the conversion to non-corporate business forms and changing location of the payor.

• Make an assessment of the revenue impacts on state and local governments of amendments to the Tax Code enacted by the 73rd and 74th Legislatures. The assessment should include amendments with delayed implementation dates.

• Conduct active oversight of agencies under the committee's jurisdiction, including implementation of the constitutional amendment granting open space valuation to real property under wildlife management.

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