Honorable Kelly Hancock, Chair, Senate Committee on Business & Commerce
FROM:
Ursula Parks, Director, Legislative Budget Board
IN RE:
SB1519 by Hancock (Relating to the promotion, sponsorship or advertising of an entertainment event or alcoholic beverage brand or product and a facility owned by a convention center development corporation), As Introduced
No significant fiscal implication to the State is anticipated.
The bill would amend the Alcoholic Beverage Code to exempt certain venues from the restriction or governing of the promotion, sponsorship, or advertising of an entertainment event or an alcoholic beverage brand or product. The Texas Alcoholic Beverage Commission indicates that any costs associated with implementing the provisions of the bill could be absorbed within the agency's existing resources.
The bill would take effect immediately if it receives a vote of two-thirds of all the members elected to each house. Otherwise, the bill would take effect September 1, 2017.
Local Government Impact
According to the Texas Municipal League, no fiscal impact to municipalities is anticipated.