LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 78TH LEGISLATIVE REGULAR SESSION

May 12, 2003

TO:	Honorable Kenny Marchant, Chair, House Committee on State Affairs
FROM:	John Keel, Director, Legislative Budget Board
IN RE:	SB1382 by Armbrister (Relating to the continuation of certain professional and occupational licensing boards as self-directed and semi-independent agencies and to certain required reports for such agencies.), As Engrossed

No significant fiscal implication to the State is anticipated.

The bill would extend the Self-Directed Semi-Independent Agency Project Act until September 1, 2015 reversing current law that would bring the Board of Public Accountancy, the Board of Architectural Examiners and the Board of Professional Engineers back into the state Treasury and under the Legislative appropriations process.  An estimated $1.8 million in assets would not be returned to the state from the project agencies.

The bill would take effect September 1, 2003.

Local Government Impact

No significant fiscal implication to units of local government is anticipated.

Source Agencies:

LBB Staff:

JK, RR, GO, RT