LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 77th Regular Session April 4, 2001 TO: Honorable Teel Bivins, Chair, Senate Committee on Education FROM: John Keel, Director, Legislative Budget Board IN RE: SB1190 by Ellis, Rodney (Relating to technology development and transfer by institutions of higher education.), As Introduced ************************************************************************** * Estimated Two-year Net Impact to General Revenue Related Funds for * * SB1190, As Introduced: negative impact of $(1,000,000) through * * the biennium ending August 31, 2003. * * * * 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 * * 2002 $(500,000) * * 2003 (500,000) * * 2004 (500,000) * * 2005 (500,000) * * 2006 (500,000) * **************************************************** All Funds, Five-Year Impact: ***************************************************** * Fiscal Year Probable Savings/(Cost) from * * General Revenue Fund * * 0001 * * 2002 $(500,000) * * 2003 (500,000) * * 2004 (500,000) * * 2005 (500,000) * * 2006 (500,000) * ***************************************************** Fiscal Analysis The bill allows higher education institutions to establish centers to manage, transfer, market, or otherwise commercialize technology owned by the institution or in which the institution owns an interest. It further allows the acceptance and administration of funds, including state appropriations, gifts, grants, contracts, and donations, to aid in the establishment, maintenance, and operation of the center or to aid in the discovery, development, protection, or commercialization of technology. Methodology Based on analysis by the institutions, the minimum funding necessary to implement the bill would be $500,000 per year. The cost to establish and operate the centers is assumed to be paid from General Revenue funds. Local Government Impact No significant fiscal implication to units of local government is anticipated. Source Agencies: 720 The University of Texas System, 783 University of Houston System Administration, 752 University of North Texas, 768 Texas Tech University System, 710 The Texas A&M University System, 304 Comptroller of Public Accounts LBB Staff: JK, CT, DB, DC