LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION

May 16, 2011

TO:	Honorable John Carona, Chair, Senate Committee on Business & Commerce
FROM:	John S O'Brien, Director, Legislative Budget Board
IN RE:	HB2707 by Burnam (Relating to the holding of an interest in certain alcoholic beverage licenses, permits, or premises by certain persons whose alcoholic beverage license or permit has been revoked.), As Engrossed

No significant fiscal implication to the State is anticipated.

The bill would amend the Alcoholic Beverage Code relating to the holding of an interest in certain alcoholic beverage licenses, permits, or premises by certain persons whose alcoholic beverage license or permit has been revoked. The bill would take effect immediately if it receives a vote of two-thirds of all members elected to each house, otherwise it would take effect September 1, 2011.  The Texas Alcoholic Beverage Commission anticipates no significant fiscal impact from the bill. 

Local Government Impact

No significant fiscal implication to units of local government is anticipated.

Source Agencies:

458 Alcoholic Beverage Commission

LBB Staff:

JOB, AG, GG, DAR