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Thursday, April 14, 2005
Posted by Junelli 8:50 AM
Yesterday the Legislative Budget Board submitted this analysis to the House Ways & Means Committee. Hearings were held on HB9 yesterday (the big bill that establishes the Texas Gaming Commission and would allow casinos).
It seems the estimated two-year net impact to General Revenue Related Funds is $97,188,000.00. In 5 years, the state's General Revenue Fund would receive over $717,000,000.00!
You can read about it here.
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