LEGISLATIVE BUDGET BOARD
Austin, Texas
 
FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION
 
May 5, 2023

TO:
Honorable Brian Birdwell, Chair, Senate Committee on Natural Resources & Economic Development
 
FROM:
Jerry McGinty, Director, Legislative Budget Board
 
IN RE:
HB4964 by Burrows (Relating to the sale, possession, or consumption of alcoholic beverages at the Texas State History Museum.), As Engrossed


Estimated Two-year Net Impact to General Revenue Related Funds for HB4964, As Engrossed : an impact of $0 through the biennium ending August 31, 2025.

General Revenue-Related Funds, Five- Year Impact:

Fiscal Year Probable Net Positive/(Negative) Impact to
General Revenue Related Funds
2024$0
2025$0
2026$0
2027$0
2028$0

All Funds, Five-Year Impact:

Fiscal Year Probable Revenue Gain/(Loss) from
Bob Bullock Texas State History Museum Trust Fund 0849 - Outside the Treasury
2024$272,219
2025$283,836
2026$295,189
2027$306,996
2028$319,276


Fiscal Analysis

The bill would amend the Government Code relating to the Bob Bullock Texas State History Museum. The bill would allow for the public sale, possession, or consumption of alcoholic beverages on property owned or controlled by the museum. 

Methodology

Currently, per Section 445.012 of the Government Code, all money and securities received by the museum are held in the Bob Bullock Texas State History Museum Trust Fund 0849, held outside the Treasury. The State Preservation Board estimates the implementation of the bill would result in revenues of $272,219 in fiscal year 2024 with a four percent increase in sales each subsequent fiscal year. 

Local Government Impact

No fiscal implication to units of local government is anticipated.


Source Agencies:
809 Preservation Board
LBB Staff:
JMc, MOc, CMA, SMAT, LCO, KCu