LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE
75th Regular Session
February 17, 1997
TO: Honorable Bill Ratliff, Chair IN RE: Senate Bill No. 105
Committee on Finance By: Nelson
Senate
Austin, Texas
FROM: John Keel, Director
In response to your request for a Fiscal Note on SB105 ( Relating
to the dedication of revenue derived from the state lottery
to the foundation school fund.) this office has detemined the
following:
Biennial Net Impact to General Revenue Funds by SB105-As Introduced
Implementing the provisions of the bill would result in a net
impact of $0 to General Revenue Related Funds through the biennium
ending August 31, 1999.
Fiscal Analysis
The bill would amend the State Lottery Act to remove the dedication
of net lottery revenue to the General Revenue Fund and instead
dedicate this revenue to the Foundation School Fund, beginning
September 1, 1997.
Methodolgy
The fiscal implications are based on the Comptroller of Public
Accounts 1998-99 Biennial Revenue Estimate.
The probable fiscal implications of implementing the provisions
of the bill during each of the first five years following passage
is estimated as follows:
Five Year Impact:
Fiscal Year Probable Revenue Probable Revenue
Gain/(Loss) from Gain/(Loss) from
General Revenue Foundation
Fund School Fund
0001 0193
1998 ($1,298,836,000) $1,298,836,000
1998 (1,394,824,000) 1,394,824,000
2000 (1,457,486,000) 1,457,486,000
2001 (1,511,429,000) 1,511,429,000
2002 (1,547,023,000) 1,547,023,000
Net Impact on General Revenue Related Funds:
The probable fiscal implication to General Revenue related funds
during each of the first five years is estimated as follows:
Fiscal Year Probable Net Postive/(Negative)
General Revenue Related Funds
Funds
1998 $0
1999 0
2000 0
2001 0
2002 0
Similar annual fiscal implications would continue as long as
the provisions of the bill are in effect.
No fiscal implication to units of local government is anticipated.
Source: Agencies: 304 Comptroller of Public Accounts
362 Texas Lottery Commission
LBB Staff: JK ,RR ,PH