LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE
75th Regular Session
May 9, 1997
TO: Honorable Robert Junell, Chair IN RE: Senate Bill No. 987, Committee Report 2nd House, Substituted
Committee on Appropriations By: Moncrief
House
Austin, Texas
FROM: John Keel, Director
In response to your request for a Fiscal Note on SB987 ( relating
to alternative uses for money in the compensation to victims
of crime fund or in the compensation to victims of crime auxiliary
fund) this office has detemined the following:
Biennial Net Impact to General Revenue Funds by SB987-Committee Report 2nd House, Substituted
No significant fiscal implication to the State is anticipated.
The bill would make no appropriation but could provide the legal
basis for an appropriation of funds to implement the provisions
of the bill.
FISCAL ANALYSIS
The bill would require the
Attorney General, after consulting with the Comptroller of Public
Accounts and not later than July 2 of each year, to estimate
the amount that would be credited to the Compensation to Victims
of Crime Account during the next fiscal year and the amount
of money in the account anticipated to be obligated during the
next fiscal year. If the amount estimated to be credited during
the next fiscal year exceeded the amount estimated to be obligated
by more than $100 million, the Comptroller of Public Accounts
would be required to transfer the amount in excess of $100 million
to the general revenue fund.
The Legislature would be authorized
to appropriate money to state agencies delivering or funding
victim-related services or assistance from the account or from
the Compensation to Victims of Crime Auxiliary Account. This
authorization would expire August 31, 1998.
The Attorney
General would be allowed to use any interest that accrued on
money in either of these accounts for grants or contracts supporting
victim-related services.
No fiscal implication to units of local government is anticipated.
Source: Agencies:
LBB Staff: JK ,RR