LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE
75th Regular Session
March 26, 1997
TO: Honorable Kenneth Armbrister, Chair IN RE: House Bill No. 641, As Engrossed
Committee on State Affairs By: Haggerty
Senate
Austin, Texas
FROM: John Keel, Director
In response to your request for a Fiscal Note on HB641 ( relating
to the maximum value of a raffle prize.) this office has detemined
the following:
Biennial Net Impact to General Revenue Funds by HB641-As Engrossed
No fiscal implication to the State is anticipated.
The bill would amend the Charitable Raffle Enabling Act by increasing
the limits on the value of a prize offered or awarded in a raffle.
In addition, the bill would increase the limits placed on the
face value and redemption value of a lottery ticket(s) offered
or awarded in a raffle.
No fiscal implication to units of local government is anticipated.
Source: Agencies: 362 Texas Lottery Commission
LBB Staff: JK ,JD ,PH