LEGISLATIVE BUDGET BOARD
                          Austin, Texas

                           FISCAL NOTE
                       74th Regular Session

                           May 9, 1995



 TO:     Honorable Bob Bullock                  Honorable Pete Laney
         Lieutenant Governor                    Speaker of the House
         Senate Chamber                         House of Representatives
         Austin, Texas                          Austin, Texas




 IN RE:                                Senate Bill No. 410,
                                         as Enrolled


FROM: John Keel, Director

In response to your request for a Fiscal Note on Senate Bill No.
410 (Relating to the delay of certain payments or transfers from
the general revenue fund.) this office has determined the
following:

The bill would restructure the transfer of the Highway Fund
portion of motor fuel taxes collected in June and July of 1997. 
Instead of being made the month following collection, the
affected transfers would be made between September 5th and
September 10th.

The bill passed each house of the Legislature by two-thirds vote
and contained language which would give the bill immediate
effect.  As a result of having immediate effect, the section of
the bill repealing Section 153.5015, Tax Code, would repeal the
delay of the June and July 1995 motor fuel transfers.

The probable fiscal implication of implementing the provisions of
the bill during fiscal year 1995 and each of the first  five
years following passage is estimated as follows:
     



          Fiscal   Probable Revenue   Probable Revenue 
           Year   Gain/(Loss) from   Gain/(Loss) from  
                   General Revenue   State Highway Fund
                       Fund 001             006        
                                                       
                                                       
                                                       

        1995            ($300,000,000)         $300,000,000

        1996               300,000,000        (300,000,000)
        1997               297,323,000        (297,323,000)

        1998             (297,323,000)          297,323,000

        1999                         0                    0
        2000                         0                    0



       No fiscal implication to units of local government is
anticipated.

 


Source:   Legislative Budget Board
          LBB Staff: JK, RS, DF