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!
Random thoughts from a lawyer, an accountant, a commodities trader, an ex-Marine and a WSOP Main Event money finisher that don't know as much as they wish they did...