LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE 75th Regular Session February 21, 1997 TO: Honorable Ron Wilson, Chair IN RE: House Bill No. 641 Committee on Licensing & Administrative Procedures By: Haggerty House 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 Introduced No fiscal implication to the State is anticipated. The bill would amend the Charitable Raffle Enabling Act by removing the limits on the value of a prize offered or awarded in a raffle. In addition, the bill would remove 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 ,TH ,PH