LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 78TH LEGISLATIVE REGULAR SESSION

Revision 1

April 7, 2003

TO:	Honorable Kenny Marchant, Chair, House Committee on State Affairs
FROM:	John Keel, Director, Legislative Budget Board
IN RE:	HJR78 by Raymond (Proposing a constitutional amendment providing for an annual state budget and annual legislative sessions for budget purposes.), As Introduced

Estimated Two-year Net Impact to General Revenue Related Funds for HJR78, As Introduced: a negative impact of ($85,275) through the biennium ending August 31, 2005.

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
2004	($85,275)
2005	$0
2006	($2,300,000)
2007	$0
2008	($2,300,000)

All Funds, Five-Year Impact:

Fiscal Year	Probable Savings/(Cost) from GENERAL REVENUE FUND 1
2004	($85,275)
2005	$0
2006	($2,300,000)
2007	$0
2008	($2,300,000)

Fiscal Analysis

The bill would propose a constitutional amendment to require the legislature to convene for a budget session each even-numbered year.  A budget session wold convene at noon on the third Tuesday in April and would last for 60 days and could be extended another 30 days upon a majority vote of the membership of each house. 

Methodology

The publication costs for the constitutional amendment would be $85,275 in fiscal year 2004.  It is estimated that costs of a budget session would be similar to that of a special session which costs

$1,150,000 for each 30-day session.  Therefore, the cost for each 60-day session would be $2,300,000 every other year. 

Local Government Impact

No fiscal implication to units of local government is anticipated.

Source Agencies:	304 Comptroller of Public Accounts
LBB Staff:	JK, RR, MS