LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE 75th Regular Session April 17, 1997 TO: Honorable Kenneth Armbrister, Chair IN RE: House Bill No. 1703, As Engrossed Committee on State Affairs By: Torres Senate Austin, Texas FROM: John Keel, Director In response to your request for a Fiscal Note on HB1703 ( Relating to altering the form of a business entity that is the holder of an alcoholic beverage permit or license. ) this office has detemined the following: Biennial Net Impact to General Revenue Funds by HB1703-As Engrossed No significant fiscal implication to the State is anticipated. The bill would allow a certain permit and licenses holders to change the form of a business entity for a $100 fee. The Alcoholic Beverage Commission estimates this new fee would generate about $1,000 per year. No significant fiscal implication to units of local government is anticipated. Source: Agencies: 458 Alcoholic Beverage Commission LBB Staff: JK ,JD ,TH ,RT