LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 78TH LEGISLATIVE REGULAR SESSION

March 10, 2003

TO:	Honorable Bill Ratliff, Chair, Senate Committee on State Affairs
FROM:	John Keel, Director, Legislative Budget Board
IN RE:	SB349 by Armbrister (Relating to the intellectual property rights of the Department of Information Resources and certain other state agency intellectual property matters.), 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 acquire, 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, RR, MS, BL