LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE 74th Regular Session May 6, 1995 TO: Honorable Robert Junell, Chair, Chair IN RE: Committee Substitute Committee on Appropriations for House of Representatives House Bill Austin, Texas No. 3050 By: Junell FROM: John Keel, Director In response to your request for a Fiscal Note on House Bill No. 3050 (Relating to exemption of certain funds from consolidation, re-creation of certain consolidated funds, preservation of certain dedications of revenue, and exemption of certain unappropriated amounts from use for general governmental purposes.) this office has determined the following: The bill would exempt certain accounts and revenue sources from various provisions of fund consolidation. The bill would result in a reduction in the amount available for certification from the General Revenue Fund by $69,220,000 in the 1996-97 biennium. The certification loss shown below results from the exemption of revenue deposited by statute to the State Highway Fund and the Children's Trust Fund from the provisions of fund consolidation that would have required those revenues to be deposited to the General Fund. The estimates represent the total amount of Highway Fund and Children's Trust Fund revenue affected, independent of House Bill 1, the General Appropriations act. In House Bill 1, as passed by the House, $36,037,964 in general revenue consolidated is appropriated to the Department of Transportation through line item appropriations in Article VI and appropriation of receipts in Article IX. If the revenue rededicated to the Highway Fund is used in lieu of the Transportation Department general revenue consolidated appropriations, the net certification loss from C.S.H.B. 3050 would be reduced to $33,182,036 for the 1996-97 biennium. 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 Year in the Amount Available for Certification from the General Revenue Fund 001 1996 $34,188,000 1997 35,032,000 1998 35,919,000 1999 36,851,000 2000 37,829,000 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