LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE
75th Regular Session
March 21, 1997
TO: Honorable Ron Wilson, Chair IN RE: House Bill No. 1703
Committee on Licensing & Administrative Procedures By: Torres
House
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 Introduced
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 ,TH ,RT