TO:	Honorable Charles Perry, Chair, Senate Committee on Water, Agriculture & Rural Affairs
FROM:	Jerry McGinty, Director, Legislative Budget Board
IN RE:	HB3959 by Buckley (Relating to the establishment of the Texas youth livestock show grant program.), As Engrossed

The bill would amend the Agriculture Code to establish the Texas Youth Livestock Show Program that would provide grants to encourage participation in livestock shows and that would be administered by the Trusteed Programs Within the Office of the Governor.

The bill would also establish a new General Revenue-Dedicated Account titled "Texas Youth Livestock Show Fund" that would consist of gifts, grants (including federal grants), and other donations received for the fund, any interest earned on account balances, and any funding appropriated by the Legislature. The bill requires any account funds to be only used by Trusteed Programs Within the Office of the Governor for administration of this program.

Based on information provided by the Comptroller of Public Accounts, the fiscal impact cannot be determined because the timing of any appropriations, grants, gifts, or donations are unknown.

It is assumed that any costs associated with the bill could be absorbed by the Trusteed Programs Within the Office of the Governor using existing resources.

This legislation would do one or more of the following: create or recreate a dedicated account in the General Revenue Fund, create or recreate a special or trust fund either within or outside of the Treasury, or create a dedicated revenue source. The fund, account, or revenue dedication included in this bill would be subject to funds consolidation review by the current Legislature.

Local Government Impact

No significant fiscal implication to units of local government is anticipated.