LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 76th Regular Session
April 6, 1999
TO: Honorable Troy Fraser, Chair, Senate Committee on
Technology & Business Growth
FROM: John Keel, Director, Legislative Budget Board
IN RE: SB976 by Brown, J. E. "Buster" (Relating to the creation
of a business technology outreach program.), As Introduced
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* Estimated Two-year Net Impact to General Revenue Related Funds for *
* SB976, As Introduced: negative impact of $(702,072) 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. *
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General Revenue-Related Funds, Five-Year Impact:
****************************************************
* Fiscal Year Probable Net Positive/(Negative) *
* Impact to General Revenue Related *
* Funds *
* 2000 $(251,036) *
* 2001 (451,036) *
* 2002 (451,036) *
* 2003 (451,036) *
* 2004 (451,036) *
****************************************************
All Funds, Five-Year Impact:
*****************************************************
* Fiscal Year Probable Savings/(Cost) from *
* General Revenue Fund *
* 0001 *
* 2000 $(251,036) *
* 2001 (451,036) *
* 2002 (451,036) *
* 2003 (451,036) *
* 2004 (451,036) *
*****************************************************
Fiscal Analysis
The bill would create a business technology outreach program at the Texas
Aerospace Commission to assist businesses making use of technology
developed by the National Aeronautics and Space Administration and allow
the Commission to award grants to economic development organizations to
assists program participants. The Commission would be required to
appoint a board of technical advisors and adopt rules and regulations to
administer the program.
The bill would take effect September 1, 1999.
Methodology
The Commission estimates the additional workload generated by the bill
would require an additional 1.5 FTE's and would result in an initial
grant program of $200,000 the first year and $400,000 for every year
thereafter.
Local Government Impact
No significant fiscal implication to units of local government is
anticipated.
Source Agencies:
LBB Staff: JK, TH, RT