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