LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE
74th Regular Session
March 27, 1995
TO: Honorable Robert Junell, Chair IN RE: House Bill No. 982
Committee on Appropriations By: McDonald
House of Representatives
Austin, Texas
FROM: John Keel, Director
In response to your request for a Fiscal Note on House Bill No.
982 (Relating to the children's trust fund and the Children's
Trust Fund of Texas Council operating fund.) this office has
determined the following:
The bill would make no appropriation but could provide the legal
basis for an appropriation of funds to implement the provisions
of the bill.
The bill would rededicate marriage license fees to the Children's
Trust Fund and exempt the Children's Trust Fund of Texas
Operating Fund from consolidation. This would reduce the amount
available for certification from the General Revenue Fund for the
1996-97 biennium by $5,015,000.
The bill would also affect the amount of revenue transferred from
the trust to the operating fund. Under current law, the
Children's Trust Fund Council may not transfer more than 50
percent of the money contained in the trust fund on the first day
of the fiscal year to the operating fund. Under the proposed
legislation, the council could transfer to the operating fund the
amount deposited to the trust fund in the previous fiscal year.
The bill would expand the powers and duties of the council to
include family support programs and change the cap on council
administrative expenses.
The probable fiscal implication of implementing the provisions of
the bill during each of the first five years following passage
is estimated as follows:
Fiscal Probable Reduction Probable Revenue Probable Revenue
Year in the Amount Gain to the Gain to the
Available for Children's Trust Children's Trust
Certification from Fund of Texas Fund 987
the General Council Operating
Revenue Fund 001 Fund 541
1996 $2,596,000 $630,000 $2,419,000
1997 2,419,000 453,000 2,419,000
1998 2,419,000 453,000 2,419,000
1999 2,419,000 453,000 2,419,000
2000 2,419,000 453,000 2,419,000
Similar annual fiscal implications would continue as long as the
provisions of the bill are in effect.
No fiscal implication to units of local government is
anticipated.
Source: Comptroller of Public Accounts
LBB Staff: JK, RS, DF