Vote Recommendation | Economic Freedom | Property Rights | Personal Responsibility | Limited Government | Individual Liberty |
---|---|---|---|---|---|
Yes | Positive | Neutral | Neutral | Positive | Neutral |
A fiscal note dated March 2, 2015 anticipates a two-year net negative impact to General Revenue Related Funds of ($10,947,000) through the biennium ending August 31, 2017.
Senate Bill 757 would repeal the tax on crude petroleum produced in the state of Texas, as well as the sulphur production tax.
The second chamber sponsor is Representative Drew Springer, author of a very similar bill left in House committee.
5/20/15 update:
No amendments or modifications have been made to the bill
since we reported on it. We continue to support it.
First chamber recommendation: