LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE
74th Regular Session
April 12, 1995
TO: Honorable Clyde Alexander, Chair IN RE: House Bill No. 2496
Committee on Transportation By: Kubiak
House of Representatives
Austin, Texas
FROM: John Keel, Director
In response to your request for a Fiscal Note on House Bill No.
2496 (Relating to funding provisions in the public transportation
fund; and reestablishing the public transportation 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 recreate the Public Transportation Fund as a
special fund in the State Treasury. Interest revenue from time to
time would be deposited into the General Revenue Fund as
determined by the Comptroller of Public Accounts.
The bill would also amend the definition of urbanized area and
rural area and change the funding provisions relating to the
administration and funding of mass transportation through the
Public Transportation Fund.
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 Probable Loss to Probable Gain to
Year Certification Loss the Public the Public
Transportation Transportation
Account in the Fund
General Revenue
Fund-Dedicated
1996 $1,843,000 $13,300,000 $15,143,000
1997 0 13,300,000 13,300,000
1998 0 13,300,000 13,300,000
1999 0 13,300,000 13,300,000
2000 0 13,300,000 13,300,000
Similar fiscal implications would continue as long as the
provisions of the bill are in effect.
The fiscal implication to units of local government cannot be
determined.
Source: Comptroller of Public Accounts, Department of
Transportation
LBB Staff: JK, ML, DF