TO: | Honorable Kino Flores, Chair, House Committee on Licensing & Administrative Procedures |
FROM: | John S. O'Brien, Deputy Director, Legislative Budget Board |
IN RE: | HB1138 by Flores (Relating to the operation and regulation of charitable bingo.), As Introduced |
Fiscal Year | Probable Net Positive/(Negative) Impact to General Revenue Related Funds |
---|---|
2006 | ($2,972,000) |
2007 | ($2,111,000) |
2008 | ($2,091,000) |
2009 | ($2,076,000) |
2010 | ($2,076,000) |
Fiscal Year | Probable Revenue (Loss) from GENERAL REVENUE FUND 1 |
---|---|
2006 | ($2,972,000) |
2007 | ($2,111,000) |
2008 | ($2,091,000) |
2009 | ($2,076,000) |
2010 | ($2,076,000) |
The bill would amend various sections in Chapter 2001 of the Occupations Code relating to the operation and regulation of charitable bingo.
The bill would allow an applicant for a two-year bingo license to pay one-half of the license fee on the date the license application is due and pay the remaining one-half of the license fee on or before the date the second year of the license period begins.
The bill would exempt from the bingo prize fee assessment winning pull-tab tickets with a prize of five dollars or less.
The bill would take effect on September 1, 2005.
Based on the analysis of the Comptroller of Public Accounts, it is assumed allowing two-year license renewal fees to be paid in two annual installments would reduce fiscal year 2006 license renewal receipts by an estimated $826,000 because half of the fees that otherwise would be collected in that year would be collected the following fiscal year.
Based on the analysis of the Comptroller of Public Accounts and the Texas Lottery Commission, it is assumed the exemption from the prize fee assessment for winning pull-tab tickets with a prize of five dollars or less would result in an estimated reduction in prize fee revenue to the state of $2,146,000 in fiscal year 2006; $2,111,000 in fiscal year 2007; $2,091,000 in fiscal year 2008; and $2,076,000 in fiscal years 2009 and 2010.
Source Agencies: | 304 Comptroller of Public Accounts, 362 Texas Lottery Commission
|
LBB Staff: | JOB, JRO, MW, TG, KJG
|