LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 84TH LEGISLATIVE REGULAR SESSION May 5, 2015 TO: Honorable Abel Herrero, Chair, House Committee on Criminal Jurisprudence FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB653 by Lozano (Relating to the prosecution of money laundering involving the proceeds of the offense of possession of a gambling device or gambling equipment or paraphernalia.), As Introduced No significant fiscal implication to the State is anticipated. The bill would amend the Penal Code to add the offense of possession of certain gambling devices, equipment, or paraphernalia under the definition of criminal activity as it relates to the offense of money laundering. The offense of money laundering is currently punishable at various felony levels depending on the amount of money laundered. This analysis assumes the provisions of the bill would not result in a significant impact on state correctional agencies. Local Government Impact No significant fiscal implication to units of local government is anticipated. Source Agencies: LBB Staff: UP, KJo, LM, ESi, EK
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 84TH LEGISLATIVE REGULAR SESSION
May 5, 2015
TO: Honorable Abel Herrero, Chair, House Committee on Criminal Jurisprudence FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB653 by Lozano (Relating to the prosecution of money laundering involving the proceeds of the offense of possession of a gambling device or gambling equipment or paraphernalia.), As Introduced
TO: Honorable Abel Herrero, Chair, House Committee on Criminal Jurisprudence
FROM: Ursula Parks, Director, Legislative Budget Board
IN RE: HB653 by Lozano (Relating to the prosecution of money laundering involving the proceeds of the offense of possession of a gambling device or gambling equipment or paraphernalia.), As Introduced
Honorable Abel Herrero, Chair, House Committee on Criminal Jurisprudence
Honorable Abel Herrero, Chair, House Committee on Criminal Jurisprudence
Ursula Parks, Director, Legislative Budget Board
Ursula Parks, Director, Legislative Budget Board
HB653 by Lozano (Relating to the prosecution of money laundering involving the proceeds of the offense of possession of a gambling device or gambling equipment or paraphernalia.), As Introduced
HB653 by Lozano (Relating to the prosecution of money laundering involving the proceeds of the offense of possession of a gambling device or gambling equipment or paraphernalia.), As Introduced
No significant fiscal implication to the State is anticipated.
No significant fiscal implication to the State is anticipated.
The bill would amend the Penal Code to add the offense of possession of certain gambling devices, equipment, or paraphernalia under the definition of criminal activity as it relates to the offense of money laundering. The offense of money laundering is currently punishable at various felony levels depending on the amount of money laundered. This analysis assumes the provisions of the bill would not result in a significant impact on state correctional agencies.
The bill would amend the Penal Code to add the offense of possession of certain gambling devices, equipment, or paraphernalia under the definition of criminal activity as it relates to the offense of money laundering. The offense of money laundering is currently punishable at various felony levels depending on the amount of money laundered. This analysis assumes the provisions of the bill would not result in a significant impact on state correctional agencies.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.
Source Agencies:
LBB Staff: UP, KJo, LM, ESi, EK
UP, KJo, LM, ESi, EK