LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE 74th Regular Session April 5, 1995 TO: Honorable John T. Montford, Chair IN RE: Senate Bill No. 537 Committee on Finance By: Rosson Senate Austin, Texas FROM: John Keel, Director In response to your request for a Fiscal Note on Senate Bill No. 537 (Relating to the creation of a state match pool to provide the local share requirement for a program offering federal matching funds.) 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 provides that the state match pool is an account in the General Revenue Fund and may only be used to provide funds for the local share requirement of a program offering federal matching funds. The state match pool would be administered by the Budget and Planning division of the Governor's Office. A political subdivision or a public or private entity in a political subdivision, seeking funds for the local share requirement of a program offering federal matching funds would need to make an application to the budget and planning division and qualify for hardship status, as defined by rules adopted by the division. Implementation of the provisions of the bill would result in additional cost to the Office of the Governor. These costs would be dependent on match levels and cannot be determined. The fiscal implication to the State or units of local government cannot be determined. Source: Governor - Fiscal LBB Staff: JK, ML, DF