LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION May 5, 2023 TO: Honorable Brian Birdwell, Chair, Senate Committee on Natural Resources & Economic Development FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB4964 by Burrows (Relating to the sale, possession, or consumption of alcoholic beverages at the Texas State History Museum.), As Engrossed Estimated Two-year Net Impact to General Revenue Related Funds for HB4964, As Engrossed : an impact of $0 through the biennium ending August 31, 2025. General Revenue-Related Funds, Five- Year Impact: Fiscal Year Probable Net Positive/(Negative) Impact toGeneral Revenue Related Funds2024$02025$02026$02027$02028$0All Funds, Five-Year Impact: Fiscal Year Probable Revenue Gain/(Loss) fromBob Bullock Texas State History Museum Trust Fund 0849 - Outside the Treasury2024$272,2192025$283,8362026$295,1892027$306,9962028$319,276 Fiscal AnalysisThe bill would amend the Government Code relating to the Bob Bullock Texas State History Museum. The bill would allow for the public sale, possession, or consumption of alcoholic beverages on property owned or controlled by the museum.
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION
May 5, 2023
TO: Honorable Brian Birdwell, Chair, Senate Committee on Natural Resources & Economic Development FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB4964 by Burrows (Relating to the sale, possession, or consumption of alcoholic beverages at the Texas State History Museum.), As Engrossed
TO: Honorable Brian Birdwell, Chair, Senate Committee on Natural Resources & Economic Development
FROM: Jerry McGinty, Director, Legislative Budget Board
IN RE: HB4964 by Burrows (Relating to the sale, possession, or consumption of alcoholic beverages at the Texas State History Museum.), As Engrossed
Honorable Brian Birdwell, Chair, Senate Committee on Natural Resources & Economic Development
Honorable Brian Birdwell, Chair, Senate Committee on Natural Resources & Economic Development
Jerry McGinty, Director, Legislative Budget Board
Jerry McGinty, Director, Legislative Budget Board
HB4964 by Burrows (Relating to the sale, possession, or consumption of alcoholic beverages at the Texas State History Museum.), As Engrossed
HB4964 by Burrows (Relating to the sale, possession, or consumption of alcoholic beverages at the Texas State History Museum.), As Engrossed
Estimated Two-year Net Impact to General Revenue Related Funds for HB4964, As Engrossed : an impact of $0 through the biennium ending August 31, 2025.
Estimated Two-year Net Impact to General Revenue Related Funds for HB4964, As Engrossed : an impact of $0 through the biennium ending August 31, 2025.
General Revenue-Related Funds, Five- Year Impact:
2024 $0
2025 $0
2026 $0
2027 $0
2028 $0
All Funds, Five-Year Impact:
2024 $272,219
2025 $283,836
2026 $295,189
2027 $306,996
2028 $319,276
Fiscal Analysis
The bill would amend the Government Code relating to the Bob Bullock Texas State History Museum. The bill would allow for the public sale, possession, or consumption of alcoholic beverages on property owned or controlled by the museum.
Methodology
Currently, per Section 445.012 of the Government Code, all money and securities received by the museum are held in the Bob Bullock Texas State History Museum Trust Fund 0849, held outside the Treasury. The State Preservation Board estimates the implementation of the bill would result in revenues of $272,219 in fiscal year 2024 with a four percent increase in sales each subsequent fiscal year.
Local Government Impact
No fiscal implication to units of local government is anticipated.
Source Agencies: b > td > 809 Preservation Board
809 Preservation Board
LBB Staff: b > td > JMc, MOc, CMA, SMAT, LCO, KCu
JMc, MOc, CMA, SMAT, LCO, KCu