LEGISLATIVE BUDGET BOARD
Austin, Texas
 
FISCAL NOTE, 79TH LEGISLATIVE REGULAR SESSION
 
April 10, 2005

TO:
Honorable David Swinford, Chair, House Committee on State Affairs
 
FROM:
John S. O'Brien, Deputy Director, Legislative Budget Board
 
IN RE:
HB2469 by Thompson (Relating to research using human cells and tissues.), As Introduced

No significant fiscal implication to the State is anticipated.

The bill would establish the “Independent Citizens’ Oversight Committee” for the new Texas Institute for Regenerative Medicine. The Committee would serve as the governing body of the institute and consist of nine members, one of whom would be appointed by the Chancellor of The University of Texas System from a list of University of Texas institutions.

 

The bill would create or recreate a dedicated account in the General Revenue Fund, create or recreate a special or trust fund either with or outside of the Treasury, or create a dedicated revenue source.  Therefore, the fund, account, or revenue dedication included in this bill would be subject to funds consolidation review by the current Legislature.  The bill would establish the “stem cell research account” and establishes guidelines for research using human cells and tissues.

 

The bill would take effect on the date which the constitutional amendment, House Joint Resolution 71, or similar legislation, proposed by the 79th Legislature, Regular Session, authorizing the issuance of general obligation bonds to provide grants and loans for stem cell research.  If the amendment does not receive approval of the voters, or if House Bill 2469 is not enacted, the bill would have no effect.  The committee’s powers and duties would be defined by the Texas Constitution, Article XVI, Section 73 (proposed HJR 71), including making grants and loan for medical research, and establish appropriate regulatory standards for regenerative medicine research and facilities development.


Local Government Impact

No fiscal implication to units of local government is anticipated.


Source Agencies:
301 Office of the Governor, 537 Department of State Health Services, 720 The University of Texas System Administration, 739 Texas Tech University Health Sciences Center
LBB Staff:
JOB, SR, RT, MM