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
  
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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.

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