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