TO: | Honorable Tom Craddick, Speaker of the House, House of Representatives |
FROM: | John S. O'Brien, Deputy Director, Legislative Budget Board |
IN RE: | HB1765 by Morrison (Relating to the creation of programs and funding for emerging technology industries. ), As Passed 2nd House |
Fiscal Year | Probable Net Positive/(Negative) Impact to General Revenue Related Funds |
---|---|
2006 | $0 |
2007 | $0 |
2008 | $0 |
2009 | $0 |
2010 | $0 |
Fiscal Year | Probable (Cost) from ECONOMIC STABILIZATION FUND 599 |
Probable Revenue Gain from Texas Emerging Technology Fund |
---|---|---|
2006 | ($300,000,000) | $300,000,000 |
2007 | $0 | $0 |
2008 | $0 | $0 |
2009 | $0 | $0 |
2010 | $0 | $0 |
The Office of the Governor has requested $300 million be transferred from the Economic Stabilization Fund to the new Texas Emerging Technology Fund in fiscal year 2006.
Source Agencies: | 301 Office of the Governor, 304 Comptroller of Public Accounts, 320 Texas Workforce Commission, 701 Central Education Agency, 781 Higher Education Coordinating Board
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LBB Staff: | JOB, KJG, JRO, MS, SMi
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