LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 77th Regular Session
April 17, 2001
TO: Honorable Robert Junell, Chair, House Committee on
Appropriations
FROM: John Keel, Director, Legislative Budget Board
IN RE: HB3088 by Turner, Sylvester (Relating to the creation
and re-creation of funds and accounts in the state
treasury, the dedication and rededication of revenue,
and the exemption of unappropriated money from use for
general governmental purposes.), Committee Report 1st
House, Substituted
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* The fiscal impact of provisions relating to the abolition of funds, *
* accounts and revenue dedications would depend on other actions of *
* the legislature. *
* *
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The bill would abolish funds, accounts, and revenue dedications created
by the Seventy-seventh Legislature, Regular Session, unless specifically
exempted in this bill.
The bill identifies the funds, accounts and revenue dedications exempt
from abolition. The bill also lists funds that, if created by the
Seventy-seventh Legislature, would become accounts in the General Revenue
Fund rather than separate funds.
The bill would re-create the Pan American Games Trust Fund initially
created in the Seventy-sixth Legislature.
The bill would allow the Comptroller, as directed by the legislature, to
reduce dedicated accounts in the amounts by which estimated revenues and
unobligated balances exceeded appropriations on August 31, 2003.
Local Government Impact
No fiscal implication to units of local government is anticipated.
Source Agencies: 304 Comptroller of Public Accounts
LBB Staff: JK, SD, WP, RS