LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE 74th Regular Session May 1, 1995 TO: Honorable Ron Wilson, Chair IN RE: Committee Substitute Committee on Licensing & for House Administrative Procedures Bill No. 3021 House of Representatives Austin, Texas FROM: John Keel, Director In response to your request for a Fiscal Note on House Bill No. 3021 (relating to the definition and regulation of Bingo) 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 specifies pull tabs, break open tickets, instant bingo tickets as well as electronic and mechanical instant ticket dispensers as bingo equipment. The bill eliminates the maximum prize value of $500 in a single game of bingo, and allows licensed lessors to advertise bingo. The bill allows the operation of coin operated amusement machines during bingo games. The bill requires the Lottery Commission to issue temporary authorization after all required forms, documentation and fees have been completed and received from a potential licensee. The bill allows for the transfer of a license from a licensee or a corporation owned by the licensee, to a corporation formed or owned by the licensee. The bill would amend the allocation of net proceeds to charities. 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 Year of General Revenue Fund 001 1996 $1,328,358 1997 577,023 1998 577,023 1999 577,023 2000 577,023 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: Texas Lottery Commission LBB Staff: JK, MS, DF