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