LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 78TH LEGISLATIVE REGULAR SESSION

March 24, 2003

TO:	Honorable Jim Keffer, Chair, House Committee on Economic Development
FROM:	John Keel, Director, Legislative Budget Board
IN RE:	HB739 by Pitts (Relating to the protection and use of intellectual property by the Department of Information Resources.), As Introduced

No significant fiscal implication to the State is anticipated.

The bill amends Section 2054.052 of the Government code allowing the Department of Information Resources (DIR) to apply for, register, secure, hold, protect, and renew patents, copyrights, trademarks, service marks, collective marks, certification marks, and intellectual property and contract for such; as well as waive, increase, or reduce the amount of compensation secured by contract if it furthers the goal or mission of the DIR and results in a net benefit to the state.  Money paid to the DIR shall be deposited to the credit of the general revenue fund.  The bill would take effect September 1, 2003.

Local Government Impact

No fiscal implication to units of local government is anticipated.

Source Agencies:	313 Department of Information Resources, 452 Department of Licensing and Regulation, 454 Department of Insurance
LBB Staff:	JK, JRO, RR, MS, BL