LEGISLATIVE BUDGET BOARD
                              Austin, Texas
                                     
                    FISCAL NOTE, 76th Regular Session
  
                              March 25, 1999
  
  
          TO:  Honorable Bob Turner, Chair, House Committee on Public
               Safety
  
        FROM:  John Keel, Director, Legislative Budget Board
  
       IN RE:  HB1059  by Keel (Relating to the regulation of amusement
               rides; providing a penalty.), Committee Report 1st House,
               Substituted
  
**************************************************************************
*  Estimated Two-year Net Impact to General Revenue Related Funds for    *
*  HB1059, Committee Report 1st House, Substituted:  positive impact     *
*  of $0 through the biennium ending August 31, 2001.                    *
*                                                                        *
*  The bill would make no appropriation but could provide the legal      *
*  basis for an appropriation of funds to implement the provisions of    *
*  the bill.                                                             *
**************************************************************************
  
General Revenue-Related Funds, Five-Year Impact:
  
          ****************************************************
          *  Fiscal Year  Probable Net Positive/(Negative)   *
          *               Impact to General Revenue Related  *
          *                             Funds                *
          *       2000                                   $0  *
          *       2001                                    0  *
          *       2002                                    0  *
          *       2003                                    0  *
          *       2004                                    0  *
          ****************************************************
  
All Funds, Five-Year Impact:
  
         *****************************************************
         * Fiscal Year    Probable Revenue Gain/(Loss) from   *
         *                  Texas Department of Insurance     *
         *                 Operating Account/ GR-Dedicated    *
         *                              0036                  *
         *      2000                                  $28,000 *
         *      2001                                   28,000 *
         *      2002                                   28,000 *
         *      2003                                   28,000 *
         *      2004                                   28,000 *
         *****************************************************
  
Fiscal Analysis
  
The bill would eliminate the distinction between Class A and Class B
amusement rides for the purposes of insurance liability-limits not less
than one million dollars per occurrence for all amusement rides.

The bill would increase the fee that the Department of Insurance could
charge from $20 to $40 for administering the regulation of amusement
rides.
  
  
Methodology
  
Currently, there are approximately 1,400 amusement rides in operation in
Texas.  The additional $20 times 1,400 equals an increase in revenue of
$28,000 annually.
  
  
Local Government Impact
  
No significant fiscal implication to units of local government is
anticipated.
  
  
Source Agencies:   
LBB Staff:         JK, MD