Texas Sales and Franchise Tax Exemptions: 1997 Page: 2
14 p. : ill.View a full description of this report.
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A Message From The Comptroller
TEXAS"
January 14, 1997
The Honorable George W. Bush
The Honorable Bob Bullock
The Honorable James E. "Pete" Laney
Members of the 75th Legislature
Ladies and Gentlemen:
As required by Sec. 403.014 Texas Government Code, this report estimates the
value of each exemption, exclusion, special rate, deduction and discount
available under Texas' sales and franchise tax laws.
In fiscal 1997 sales and franchise tax exemptions will total an estimated $15.3
billion. Of this total, sales tax exemptions will account for $14.6 billion, and
franchise tax exemptions will account for $700.7 million.
The report makes no recommendations for retaining, eliminating or amend-
ing any provisions of these laws. It is intended as an informational resource
for the Governor and Legislature.
Respectfully,
JOHN SHARP
Texas Comptroller of Public Accounts
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Texas. Comptroller's Office. Texas Sales and Franchise Tax Exemptions: 1997, report, January 1997; Austin, Texas. (https://texashistory.unt.edu/ark:/67531/metapth578745/m1/2/: accessed May 1, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting UNT Libraries Government Documents Department.