TO: | Honorable Jane Nelson, Chair, Senate Committee on Health & Human Services |
FROM: | Ursula Parks, Director, Legislative Budget Board |
IN RE: | SB313 by Uresti (Relating to the distribution, possession, purchase, consumption, and receipt of tobacco products; providing penalties.), As Introduced |
Fiscal Year | Probable Net Positive/(Negative) Impact to General Revenue Related Funds |
---|---|
2014 | ($19,299,000) |
2015 | ($20,182,000) |
2016 | ($18,888,000) |
2017 | ($19,880,000) |
2018 | ($18,898,000) |
Fiscal Year | Probable Revenue Gain/(Loss) from General Revenue Fund 1 |
Probable Revenue Gain/(Loss) from Property Tax Relief Fund 304 |
Probable Revenue Gain/(Loss) from Physician Ed. Loan Repayment 5144 |
---|---|---|---|
2014 | ($19,299,000) | ($20,570,000) | ($1,951,000) |
2015 | ($20,182,000) | ($22,067,000) | ($1,928,000) |
2016 | ($18,888,000) | ($19,387,000) | ($1,862,000) |
2017 | ($19,880,000) | ($20,999,000) | ($1,797,000) |
2018 | ($18,898,000) | ($18,684,000) | ($1,731,000) |
The Comptroller of Public Accounts indicates the age change provision would result in an estimated 33 percent reduction in the use of all tobacco products by 18 to 20 year old Texans. The reduction in the use of snuff, cigars, and other tobacco products by 18 to 20 year old Texans would lead to reduced revenue contributions to General Revenue Fund 0001, Property Tax Relief Fund 0304, and GR Account 5144—Physician Education Loan Repayment Program. Similarly, the reduction in the use of cigarettes would lead to reduced revenue contributions to General Revenue Fund No. 0001 and Property Tax Relief Fund No. 0304.
With a reduction in the use of tobacco products, there could be an indeterminate savings to the state in the future resulting from reduced health care costs.
Source Agencies: | 304 Comptroller of Public Accounts, 529 Health and Human Services Commission, 537 State Health Services, Department of
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LBB Staff: | UP, CL, SD, AG
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