LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE 74th Regular Session May 1, 1995 TO: Honorable Ken Armbrister, Chair IN RE: Senate BillNo. 1677 Committee on State Affairs By: Barrientos, et Senate al. Austin, Texas FROM: John Keel, Director In response to your request for a Fiscal Note on Senate Bill No. 1677 (Relating to studying the feasibility of constructing a motion-picture soundstage facility on state-owned property in certain counties and authorizing the construction if it is feasible; making an appropriation.) this office has determined the following: This bill would amend the Government Code by adding a new section. The new section would require the Texas Commission on the Arts (TCA) to conduct a study to determine the feasibility of constructing and operating a motion-picture soundstage facility on state-owned land in Travis or Williamson County. The bill would allow the TCA to contract with private entities to conduct the study and to operate the facility. The bill would require the TCA to issue requests for proposals for the study by November 1, 1995 and to complete the study by July 31, 1996. The bill would require the TCA to determine if the project is feasible, and if feasible, the TCA would be required to submit a project plan to the Legislative Budget Board by September 1, 1996. The bill would appropriate $10 million from the general revenue fund to the TCA for the state fiscal biennium ending August 31, 1997, for the purpose of completing this project. 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 Year Probable Cost Out of General Revenue Fund 001 1996 $250,000 1997 9,750,000 1998 1999 2000 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: Comptroller of Public Accounts, General Land Office and Veterans' Land Board, Commission on the Arts LBB Staff: JK, CG, DF