| TO: | Honorable Kino Flores, Chair, House Committee on Licensing & Administrative Procedures |
| FROM: | John S. O'Brien, Director, Legislative Budget Board |
| IN RE: | HB2710 by Isett, Carl (Relating to renewal of certain alcoholic beverage permits held by a corporation.), As Introduced |
The bill amends the Alcoholic Beverage Code relating to renewal of certain alcoholic beverage permits held by a corporation.
The bill amends Alcoholic Beverage Code, Section 28 which would delete the $500 fee required for substantial changes required for the holder’s current alcoholic beverage license. The bill also deletes the 10 day prior notice for corporate control for a mixed beverage permit holder. This bill would take effect September 1, 2007.
The Texas Alcoholic Beverage Commission (TABC) anticipates no significant fiscal impact on the department from the implementation of this bill. TABC states that the agency would experience a revenue loss of $66,000 per year based on the provisions of the bill. However, TABC states that they will increase their surcharges to pay for the revenue losses creating no significant fiscal impact to the state.
| Source Agencies: | 458 Alcoholic Beverage Commission
|
| LBB Staff: | JOB, JRO, GG, LG
|