TO: | Honorable Robert Duncan, Chair, Senate Committee on State Affairs |
FROM: | Ursula Parks, Director, Legislative Budget Board |
IN RE: | HB394 by Thompson, Senfronia (Relating to limits on prizes for bingo games.), As Engrossed |
Fiscal Year | Probable Revenue Gain from General Revenue Fund 1 |
---|---|
2013 | $42,000 |
2014 | $169,000 |
2015 | $172,000 |
2016 | $176,000 |
2017 | $180,000 |
2018 | $185,000 |
Fiscal Year | Probable Revenue Gain from General Revenue Fund 1 |
---|---|
2014 | $169,000 |
2015 | $172,000 |
2016 | $176,000 |
2017 | $180,000 |
2018 | $185,000 |
The bill would amend the Occupations Code relating to limits on prizes for certain bingo games. The bill would allow for total bingo prizes in excess of $2,500 per occasion for bingo occasions that award individual game prizes of $50 or less per game.
The bill would take effect immediately upon enactment if it receives a two-thirds majority vote in both house of the Legislature. Otherwise, the bill would take effect on September 1, 2013.
The Comptroller of Public Accounts estimates that implementing the provisions of the bill would have a positive effect on bingo prize fee revenue deposited to the credit of the General Revenue Fund which is reflected in the tables above. Additionally, the Texas Lottery Commission would need to make changes to programming, rules and procedures for the exception of bingo games under the provisions of the bill; however, it is assumed that any duties and responsibilities associated with implementation of the bill could be accomplished by utilizing existing resources.
Source Agencies: | 304 Comptroller of Public Accounts, 362 Texas Lottery Commission
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LBB Staff: | UP, AG, RB, MW, ER
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