LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE
74th Regular Session
February 7, 1995
TO: Honorable David Sibley, Chair IN RE: Senate Bill No. 215
Committee on Economic Development By: Truan
Senate
Austin, Texas
FROM: John Keel, Director
In response to your request for a Fiscal Note on Senate Bill No.
215 (Relating to the establishment of a self-employment
assistance program.) this office has determined the following:
The bill would allow the Texas Employment Commission (TEC) to
offer a self-employment assistance program to individuals
eligible for unemployment benefits. Federal legislation (Section
507 of the North American Free Trade Agreement) provides TEC with
the option of offering a self-employment assistance program .
Participants in the program would receive a self-employment
assistance allowance and training designed to help them start
their own businesses instead of the regular unemployment
benefits. The amount of the allowance and the source of funding
for the allowance is the same as the regular unemployment
benefits.
The Texas Employment Commission anticipates that entrepreneurial
course costs could be funded from existing Job Training
Partnership Act grants. Based on this assumption, no significant
fiscal implication to the State is anticipated.
No fiscal implication to units of local government is
anticipated.
Source: Texas Employment Commission
LBB Staff: JK, CG, RR, DF