Honorable Greg Bonnen, Chair, House Committee on Appropriations
FROM:
Jerry McGinty, Director, Legislative Budget Board
IN RE:
HB4018 by Capriglione (Relating to the creation of the technology improvement and modernization account and the permissible uses of money in the account.), As Introduced
The fiscal implications of the bill cannot be determined at this time. The bill would amend Chapter 2054 of the Government Code to create the Technology Improvement and Modernization Account which would consist of money received from the federal government for the purposes of improving and modernizing state agency information resources. The amount of federal funds cannot be estimated at this time.
The bill would make no appropriation but could provide the legal basis for an appropriation of funds to implement the provisions of the bill.
The bill would amend Chapter 2054 of the Government Code to create the Technology Improvement and Modernization Account (account) in the General Revenue Fund administered by the Department of Information Resources (DIR). The account would consist of money received from the federal government for the purposes of improving and modernizing state agency information resources. The bill would provide that money in the account would be appropriated to DIR to improve and modernize state agency information resources, including legacy system and cybersecurity projects.
According to the Comptroller, the fiscal impact to the state cannot be determined at this time. DIR anticipates any additional work resulting from the passage of the bill could be reasonably absorbed within DIR's current 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. Additionally, any federal funds deposited into the account would continue to be subject to the same purpose, uses, restrictions, and requirements of the original grant. It is also unknown if the federal administrative agency of such grant would permit the state to deposit the entirety of the award into a state held account.
Local Government Impact
The fiscal implications of the bill cannot be determined at this time.
Source Agencies: b > td >
304 Comptroller of Public Accounts, 313 Department of Information Resources