TO: | Honorable Troy Fraser, Chair, Senate Committee on Business & Commerce |
FROM: | John S. O'Brien, Deputy Director, Legislative Budget Board |
IN RE: | HB2526 by Flores (Relating to the promotional activities of certain alcoholic beverage license or permit holders.), As Engrossed |
Fiscal Year | Probable Net Positive/(Negative) Impact to General Revenue Related Funds |
---|---|
2006 | ($28,300) |
2007 | $0 |
2008 | $0 |
2009 | $0 |
2010 | $0 |
Fiscal Year | Probable (Cost) from GENERAL REVENUE FUND 1 |
---|---|
2006 | ($28,300) |
2007 | $0 |
2008 | $0 |
2009 | $0 |
2010 | $0 |
The Alcoholic Beverage Commission reports that implementing the promotional permit would result in a small increase in permit fee revenue, but this would be offset by a reduction in the issuance of agent's permits. Thus, the net fiscal impact to the General Revenue Fund would not be significant.
The Alcoholic Beverage Commission also estimates that $28,300 would be needed in initial start-up costs. The start-up costs include programming changes to the Alcoholic Beverage Commission's current system ($5,000 in fiscal year 2006) and updates to publications and forms ($23,300 in fiscal year 2006).
Source Agencies: | 458 Alcoholic Beverage Commission
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LBB Staff: | JOB, CL, JRO, VDS, AM
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