LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE 74th Regular Session March 29, 1995 TO: Honorable Layton Black, Chair IN RE: House Bill No. 2321 Committee on Administration By: Black House of Representatives Austin, Texas FROM: John Keel, Director In response to your request for a Fiscal Note on House Bill No. 2321 (Relating to legislative space needs and space management.) this office has determined the following: 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 designate the Sam Houston and John H. Reagan buildings for use by the legislature and legislative agencies. The bill would, upon written notice from presiding officers of each respective house of the legislature to the General Services Commission (GSC), designate the following four state office buildings for legislative use: Lorenzo de Zavala State Library and Archives Building, Stephen F. Austin Building, Lyndon B. Johnson Building, and the William B. Travis Building. The bill would remove authorization for the purchase of the Texas Employment Commission Building and for the issuance of bonds for that building. The bill would also authorize the issuance of bonds in the amount of $46,000,000 to construct a legislative serivces office building. Annual debt service payments are estimated at $300,000 beginning in fiscal year 1997 and $4,370,000 each year for the life of the bonds from the General Revenue Fund. Associated maintenace and operations costs are estimated to begin in fiscal year 1999. The bill would require that non-legislative state agencies, move from the four buildings identified and move to other office space. This would also require renovation of that space for the legislative agencies and funds for moving and leased space for the non-legislative agencies. The GSC estimates these costs to be $40,300,000 the first year of the project and $14,650,000 each year thereafter from General Revenue Fund. These costs are not identified in the table below because moving dates cannot be determined at this time. The probable fiscal implication of implementing the provisions of the bill during each of the first five years following passage is estimated as follows: Fiscal Probable Cost Out Change in Year of General Number of State Revenue Fund 001 Employees from FY 1995 1996 $0 .0 1997 300,000 .0 1998 4,370,000 .0 1999 5,095,000 .0 2000 5,795,000 .0 Similar annual fiscal implications would continue as long as the provisions of the bill are in effect. No fiscal implication to units of local government is anticipated. Source: General Services Commission LBB Staff: JK, MS, DF