LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 77th Regular Session April 5, 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.), As Introduced ************************************************************************** * The fiscal impact of provisions relating to the abolition of funds, * * accounts and revenue dedications would depend on other actions of * * the legislature. * * * ************************************************************************** The bill would abolish funds, accounts, and revenue dedications created by the Seventy-seventh Legislature, Regular Session, unless specifically exempted in this bill. If created, the following funds, accounts and revenue dedications would be exempt from abolition: (1) the Fair Campaign Spending Account created by House Bill No. 2; (2) the System Benefit Fund created as an account by House Bill No. 1902; (3) the Multistate Lottery Fund created by House Bill No. 891; (4) the dedication of revenue by House Bill No. 335 for a Department of Public Safety historical museum and research center; (5) court costs; and (6) fees for motor vehicle license. In addition, trust funds, bond funds, constitutional funds, and funds required by federal law would be exempt from abolition. The bill would make the Rural Water Assistance Fund created by House Bill No. 622 an account in the General Revenue Fund rather than a separate fund. 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