LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE
74th Regular Session
April 26, 1995
TO: Honorable Ken Armbrister, Chair IN RE: House Bill No. 984,
Committee on State Affairs as engrossed
Senate By: Yarbrough
Austin, Texas
FROM: John Keel, Director
In response to your request for a Fiscal Note on House Bill No.
984 (relating to the filing of a conduct surety bond by certain
alcoholic beverage permit or license holders) 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.
This bill would modify the Alcoholic Beverage Code by repealing
Sections 11.11(g) and 61.13(g). Repeal of these Sections would
eliminate certain population restrictions which currently dictate
those who must file surety bonds resulting additional filings.
The Commission is authorized to levy a surcharge on all permits
and licenses (with the rate set by Commission rule) to ensure
that revenue collected equals appropriations. As a result,
additional cost would be offset by increased surcharge revenue.
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 Cost Out Probable Revenue
Year of General Gain from General
Revenue Fund 001 Revenue Fund 001
1996 $55,042 $55,042
1997 44,042 44,042
1998 44,042 44,042
1999 44,042 44,042
2000 44,042 44,042
Similar annual fiscal implications would continue as long as the
provisions of the bill are in effect.
No significant fiscal implication to units of local government is
anticipated.
Source: Alcoholic Beverage Commission
LBB Staff: JK, RT, DF