TO: | Honorable Robert Duncan, Chair, Senate Committee on State Affairs |
FROM: | John S. O'Brien, Director, Legislative Budget Board |
IN RE: | SB1110 by Carona (Relating to the use of a card-minding device to play bingo.), As Introduced |
Fiscal Year | Probable Net Positive/(Negative) Impact to General Revenue Related Funds |
---|---|
2008 | $1,446,000 |
2009 | $2,202,000 |
2010 | $2,251,000 |
2011 | $2,293,000 |
2012 | $2,336,000 |
Fiscal Year | Probable Revenue Gain from GENERAL REVENUE FUND 1 |
Probable Revenue Gain from Cities |
Probable Revenue Gain from Counties |
---|---|---|---|
2008 | $1,446,000 | $623,000 | $670,000 |
2009 | $2,202,000 | $948,000 | $1,020,000 |
2010 | $2,251,000 | $969,000 | $1,043,000 |
2011 | $2,293,000 | $988,000 | $1,063,000 |
2012 | $2,336,000 | $1,006,000 | $1,083,000 |
The bill would amend the Occupations Code by authorizing a licensed authorized organization to use a card-minding device on the organization's bingo premises during a bingo occasion to display a commission-approved pull-tab bingo ticket to a bingo player.
This bill would take effect immediately upon receiving a vote of two-thirds of all members elected to each house or would otherwise take effect on September 1, 2007.
Based on the analysis of the Comptroller of Public Accounts (CPA), the bill would result in a revenue gain to the General Revenue Account of $1,446,000 in fiscal year 2008; $2,202,000 in fiscal year 2009; $2,251,000 in fiscal year 2010; $2,293,000 in fiscal year 2011; and $2,336,000 in fiscal year 2012. The revenue gain identified by the CPA is based on the assumption that authorizing the use of card-minding devices to play bingo would increase overall play. This would result in an increase in bingo prizes, thereby increasing the amount of bingo prize fee revenue generated.
Based on the analysis of the Texas Lottery Commission, it is assumed that any costs incurred that would be associated with implementing the provisions of the bill could be absorbed within existing resources.
Source Agencies: | 362 Texas Lottery Commission, 304 Comptroller of Public Accounts
|
LBB Staff: | JOB, KJG, JRO, MW, TGl
|