LEGISLATIVE BUDGET BOARD
Austin, Texas
 
FISCAL NOTE, 87TH LEGISLATIVE REGULAR SESSION
 
April 6, 2021

TO:
Honorable Jane Nelson, Chair, Senate Committee on Finance
 
FROM:
Jerry McGinty, Director, Legislative Budget Board
 
IN RE:
SB1605 by Huffman (Relating to directing payment, after approval, of certain miscellaneous claims and judgments against the state out of funds designated by this Act; making appropriations.), As Introduced


Estimated Two-year Net Impact to General Revenue Related Funds for SB1605, As Introduced : a negative impact of ($19,954,744) through the biennium ending August 31, 2023.

Appropriations:

Fiscal Year Appropriation out of
General Revenue Fund
1		 Appropriation out of
State Highway Fund
6		 Appropriation out of
Lottery Acct
5025		 Appropriation out of
Trauma Facility And Ems
5111
2022$19,954,744$761,083$5,500$317,871
2023$0$0$0$0

General Revenue-Related Funds, Five- Year Impact:

Fiscal Year Probable Net Positive/(Negative) Impact to
General Revenue Related Funds
2022($19,954,744)
2023$0
2024$0
2025$0
2026$0

All Funds, Five-Year Impact:

Fiscal Year Probable (Cost) from
General Revenue Fund
1		 Probable (Cost) from
State Highway Fund
6		 Probable (Cost) from
Lottery Acct
5025		 Probable (Cost) from
Trauma Facility And Ems
5111
2022($19,954,744)($761,083)($5,500)($317,871)
2023$0$0$0$0
2024$0$0$0$0
2025$0$0$0$0
2026$0$0$0$0


Fiscal Analysis

The bill would make appropriations in the 2022-23 biennium from the General Revenue Fund, State Highway Fund, GR Account - Lottery, and GR Account - Designated Trauma Facilities and EMS, to pay miscellaneous claims and judgments against the state.

The bill would take effect September 1, 2021.

Methodology

The costs in the above tables represent the increased appropriation authority in fiscal year 2022 to pay the specific claims and judgments listed in this bill. 

Costs to the General Revenue Fund in the above tables represent only payments for claim amounts and do not include additional interest payments, as the final payment date is unknown at this time. Assuming September 1, 2021 as the final payment date, the state would need to pay an additional $124,887.82 in interest.


Local Government Impact

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


Source Agencies:
304 Comptroller of Public Accounts
LBB Staff:
JMc, KK, SD