Honorable Joe Straus, Speaker of the House, House of Representatives
FROM:
Ursula Parks, Director, Legislative Budget Board
IN RE:
HB4042 by Paddie (Relating to the sale by certain alcoholic beverage permit holders of alcoholic beverages at auction.), As Passed 2nd House
No significant fiscal implication to the State is anticipated.
The bill would amend the Alcoholic Beverage Code to authorize the Texas Alcoholic Beverage Commission (TABC) to issue a temporary auction permit to a person or group of persons who are subject to recordkeeping requirements under Chapter 254, Election Code. The bill would prohibit the TABC from imposing a surcharge for a temporary auction permit. The bill would also eliminate the prohibition to conduct more than one auction during each calendar year by a permit holder.
The bill would amend the Tax Code to make conforming changes to certain terms defining a retailer.
It is assumed the costs for TABC to implement the provisions of the bill can be absorbed within existing resources.
The Comptroller of Public Accounts reports the potential number of new applicants for a temporary auction permit is unknown and the revenue impact cannot be determined.
The bill would take effect September 1, 2017.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.
Source Agencies:
304 Comptroller of Public Accounts, 458 Alcoholic Beverage Commission