LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 85TH LEGISLATIVE REGULAR SESSION March 24, 2017 TO: Honorable Kelly Hancock, Chair, Senate Committee on Business & Commerce FROM: Ursula Parks, Director, Legislative Budget Board IN RE:SB896 by Seliger (Relating to the status of powdered alcohol as an alcoholic beverage for purposes of the Alcoholic Beverage Code.), As Introduced No significant fiscal implication to the State is anticipated. The bill would amend the Alcoholic Beverage Code to include powdered alcohol as an alcoholic beverage. It is assumed the costs associated with implementing the provisions of the bill could be absorbed within existing resources.If powdered alcohol were to be taxed as an alcoholic beverage, there would be an indeterminate revenue gain to the state.The bill would take effect September 1, 2017. Local Government Impact No significant fiscal implication to units of local government is anticipated. Source Agencies:458 Alcoholic Beverage Commission LBB Staff: UP, CL, AI, FR, SD
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 85TH LEGISLATIVE REGULAR SESSION
March 24, 2017
TO: Honorable Kelly Hancock, Chair, Senate Committee on Business & Commerce FROM: Ursula Parks, Director, Legislative Budget Board IN RE:SB896 by Seliger (Relating to the status of powdered alcohol as an alcoholic beverage for purposes of the Alcoholic Beverage Code.), As Introduced
TO: Honorable Kelly Hancock, Chair, Senate Committee on Business & Commerce
FROM: Ursula Parks, Director, Legislative Budget Board
IN RE: SB896 by Seliger (Relating to the status of powdered alcohol as an alcoholic beverage for purposes of the Alcoholic Beverage Code.), As Introduced
Honorable Kelly Hancock, Chair, Senate Committee on Business & Commerce
Honorable Kelly Hancock, Chair, Senate Committee on Business & Commerce
Ursula Parks, Director, Legislative Budget Board
Ursula Parks, Director, Legislative Budget Board
SB896 by Seliger (Relating to the status of powdered alcohol as an alcoholic beverage for purposes of the Alcoholic Beverage Code.), As Introduced
SB896 by Seliger (Relating to the status of powdered alcohol as an alcoholic beverage for purposes of the Alcoholic Beverage Code.), 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 Alcoholic Beverage Code to include powdered alcohol as an alcoholic beverage. It is assumed the costs associated with implementing the provisions of the bill could be absorbed within existing resources.If powdered alcohol were to be taxed as an alcoholic beverage, there would be an indeterminate revenue gain to the state.The bill would take effect September 1, 2017.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.
Source Agencies: 458 Alcoholic Beverage Commission
458 Alcoholic Beverage Commission
LBB Staff: UP, CL, AI, FR, SD
UP, CL, AI, FR, SD