LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 76th Regular Session March 30, 1999 TO: Honorable Steven Wolens, Chair, House Committee on State Affairs FROM: John Keel, Director, Legislative Budget Board IN RE: HB1471 by Hilbert (relating to requiring a small business impact statement for bills and resolutions), As Introduced ************************************************************************** * Estimated Two-Year Net Impact to General Revenue Related Fundsfor * * HB1471, As Introduced: negative impact of $(283,350) through the * * biennium ending August 31, 2001. * * * * The bill would make no appropriation but could provide the legal * * basis for an appropriation of funds to implement the provisions of * * the bill. * ************************************************************************** . General Revenue-Related Funds, Five-Year Impact: **************************************************** * Fiscal Year Probable Net Positive/(Negative) * * Impact to General Revenue Related * * Funds * * 2000 $(182,175) * * 2001 (101,175) * * 2002 (101,175) * * 2003 (101,175) * * 2004 (101,175) * **************************************************** All Funds, Five-Year Impact: *************************************************************************** *Fiscal Probable Savings/(Cost) from Change in Number of State * * Year General Revenue Fund Employees from FY 1999 * * 0001 * * 2000 $(182,175) 1.0 * * 2001 (101,175) 1.0 * * 2002 (101,175) 1.0 * * 2003 (101,175) 1.0 * * 2004 (101,175) 1.0 * *************************************************************************** Fiscal Analysis The bill would amend Chapter 314 of the Government Code to direct the Legislative Budget Board, at the request of a committee chair, to prepare a statement describing the regulatory and fiscal effects on small businesses of a proposed bill or resolution. The bill would define a small business as one with fewer than 50 employees. Methodology The estimate is based on the acquisition cost of the Regional Economic Model and one additional staff member needed by the Legislative Budget Board to support modeling applications. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies: LBB Staff: JK, BB, BR