Relating to the inclusion of certain taxes in the comptroller's report on the effect of certain tax provisions.

SB 1111 requires the Texas comptroller to include specific tax provisions in an annual report submitted to the legislature and governor before each regular session. The report must assess the impact of exemptions, discounts, special valuations, and other tax treatments for major taxes, including sales tax, franchise tax, school district property taxes, motor vehicle tax, severance taxes, and any tax generating over 5% of state revenue. This procedural change ensures transparency about how existing tax policies affect state revenue without altering tax rates or creating new obligations.