Fiscal Note

SB0187S01 - Alcohol Amendments

State Impact:
Enacting this bill reduces Department of Alcoholic Beverage Control current expense and personal service costs by $950,000 per year. An additional day of operation in a year in which a statewide election occurs will generate profit of approximately $140,000 for that year, every other year. Additional revenue will be generated from new licensees of $50,000 in FY 2010 and $20,000 in FY 2011. Transition credits authorized by the bill will reduce Liquor Control Fund revenue by no more than $1,000,000 in FY 2010 and $1,090,000 overall. If the statutory credit cap is reached in the first year of implementation (FY 2010) - a year in which no statewide election occurs - the net impact on the Liquor Control Fund would be zero. The net impact the following year would be revenue to the General Fund of $1,020,000.

Individual, Business and/or Local Impact:
Enactment of this bill likely will not result in direct, measurable costs and/or benefits for individuals. Businesses and individuals may be impacted due to changes in the proposed statutes.