LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE
75th Regular Session
February 23, 1997
TO: Honorable Bill Ratliff, Chair IN RE: Senate Bill No. 581
Committee on Finance By: Ratliff
Senate
Austin, Texas
FROM: John Keel, Director
In response to your request for a Fiscal Note on SB581 ( Relating
to the cost of operation and administration of the state lottery.)
this office has detemined the following:
Biennial Net Impact to General Revenue Funds by SB581-As Introduced
No fiscal implication to the State is anticipated.
FISCAL ANALYSIS
The bill would reduce the statutory maximum
for lottery operation and administration from 15 percent to
12 percent of gross revenue from lottery ticket sales. The change
proposed in the bill would decrease the existing statutory percentage
to reflect the actual revenue and expenditure patterns of lottery
ticket sales and the Lottery Commission's operating costs.
Thus, the bill would not result in any new fiscal implications
than those that already exist. The bill would take effect September
1, 1997.
METHODOLOGY
The Comptroller of Public Accounts
1998-99 Biennial Revenue Estimate already includes as a base
assumption the lesser 12 percent administration expense percentage
required by the bill. The bill would change current law to
reflect the practices established since the start-up of the
lottery.
LOCAL
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