LEGISLATIVE BUDGET BOARD
Austin, Texas
 
FISCAL NOTE, 78TH LEGISLATIVE REGULAR SESSION
 
April 7, 2003

TO:
Honorable David Swinford, Chair, House Committee on Government Reform
 
FROM:
John Keel, Director, Legislative Budget Board
 
IN RE:
HB3242 by Pitts (Relating to the use of the reverse auction procedure by state agencies.), As Introduced

No fiscal implication to the State is anticipated.

The bill would increase usage of the reverse auction procedure for purchases by the Building and Procurement Commission to 10% of the dollar value of goods they purchase during the 2004-05 biennium, 20% of the dollar value of goods they purchase during the 2006-07 biennium and 30% of the dollar value of goods they purchase beginning on September 1, 2007.

Local Government Impact

No fiscal implication to units of local government is anticipated.


Source Agencies:
303 Building and Procurement Commission
LBB Staff:
JK, GO, MS, RG