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| SPONSOR: | J.G. Taylor | DATE TYPED: | 03/13/99 | HB | 630 | ||
| SHORT TITLE: | Sports Officiating Gross Receipts Exemption | SB | |||||
| ANALYST: | Eaton | ||||||
| Subsequent
Years Impact |
Recurring
or Non-Rec |
Fund
Affected | ||
| FY99 | FY2000 | |||
| $ (29.0) | Recurring | General Fund | ||
| $ (21.0) | Recurring | Munic/Counties | ||
(Parentheses ( ) Indicate Revenue Decreases)
SOURCES OF INFORMATION
Taxation and Revenue Department (TRD)
SUMMARY
Synopsis of Bill
This bill would exempt sports officials from paying gross receipts on their services.
FISCAL IMPLICATIONS
The Taxation and Revenue Department (TRD) estimates the impact to the general fund will be fifty thousand dollars (recurring).
OTHER SUBSTANTIVE ISSUES
Sports officials who officiate at public schools also officiate at private school versus private school sports events. This bill would not exempt officials of paying a tax at private school versus private school sports events.
If the purpose of this bill is to alleviate the burden of tax reporting for officiating, the Taxation and Revenue Department (TRD) suggests that the schools could enter into a "TS-22" agreement whereby the school would withhold and pay over the gross receipts tax for the official.
JBE/gm