LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 76th Regular Session February 11, 1999 TO: Honorable Florence Shapiro, Chair, Senate Committee on State Affairs FROM: John Keel, Director, Legislative Budget Board IN RE: SB100 by Carona (Relating to the design of a quarter dollar coin commemorating the State of Texas.), As Introduced ************************************************************************** * Two-year Net Impact to General Revenue Related Funds for SB100, As * * Introduced: negative impact of $(29,900) 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 $(29,900) * * 2001 0 * * 2002 0 * * 2003 0 * * 2004 0 * **************************************************** All Funds, Five-Year Impact: *************************************************************************** *Fiscal Probable Savings/(Cost) from Change in Number of State * * Year General Revenue Fund Employees from FY 1999 * * 0001 * * 2000 $(29,900) 0.0 * * 2001 0 0.0 * * 2002 0 0.0 * * 2003 0 0.0 * * 2004 0 0.0 * *************************************************************************** Fiscal Analysis The bill would require the appointment of an advisory committee to recommend the design of a coin commemorating Texas. The fiscal implication includes the cost of travel and per diem for committee meetings, fees for a consultant to assist in the design of the coin, staff time and other operating costs. Methodology The estimated cost is based on four advisory committee meetings in FY 2000, and completing its recommendations to the Governor in FY 2000. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies: 304 Comptroller Of Pub Accts, 301 Office of the Governor LBB Staff: JK, SD, ZS