LEGISLATIVE SERVICES AGENCY OFFICE OF FISCAL AND MANAGEMENT ANALYSIS 200 W. Washington St., Suite 301 Indianapolis, IN 46204 (317) 233-0696 iga.in.gov FISCAL IMPACT STATEMENT LS 6134 NOTE PREPARED: Jan 16, 2024 BILL NUMBER: SB 20 BILL AMENDED: SUBJECT: Municipal Riverfront Development District Permits. FIRST AUTHOR: Sen. Holdman BILL STATUS: CR Adopted - 1 st House FIRST SPONSOR: FUNDS AFFECTED:XGENERAL IMPACT: State & Local XDEDICATED FEDERAL Summary of Legislation: This bill specifies that the Alcohol and Tobacco Commission may issue restaurant permits for a municipal riverfront development district established by a town. Effective Date: July 1, 2024. Explanation of State Expenditures: Alcohol and Tobacco Commission (ATC): The ATC would administer the bill’s provisions. The bill’s requirements are within the agency’s routine administrative functions and should be able to be implemented with no additional appropriations, assuming near customary agency staffing and resource levels. Explanation of State Revenues: Alcoholic Beverage Permits: The bill could potentially allow the ATC to issue additional retailer permits for restaurants for a municipal riverfront development project established by a town. The annual permit fee is $500 if the permittee serves only beer or only wine; $750 if the permittee serves both beer and wine, but no liquor; or $1,000 if the permittee serves beer, wine, and liquor. Revenue is distributed to the General Fund (37%); the city, town, or county in which the licensed premises are located (33%); and the Enforcement and Administration Fund (30%). Explanation of Local Expenditures: Explanation of Local Revenues: Alcoholic Beverage Permits: To the extent that revenue from permit fees increases, the amounts distributed to local governments would increase. State Agencies Affected: Alcohol and Tobacco Commission. SB 20 1 Local Agencies Affected: Towns that establish a municipal riverfront development district. Information Sources: Fiscal Analyst: Nate Bodnar, 317-234-9476. SB 20 2