LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 79TH LEGISLATIVE REGULAR SESSION

April 11, 2005

TO:	Honorable Allan Ritter, Chair, House Committee on Economic Development
FROM:	John S. O'Brien, Deputy Director, Legislative Budget Board
IN RE:	HB2717 by Swinford (Relating to the governor's study of emerging technology and economic development.), As Introduced

No significant fiscal implication to the State is anticipated.

The bill requires the Office of the Governor to conduct a study to review leading states’ and countries’ technology related economic development programs, identify emerging technologies in Texas, identify and recommend changes in laws which have inadvertently prevented businesses from keeping pace with new technological capabilities, summarize and outline all current existing technology related economic development tools and programs in Texas, and outline the economic development functions and responsibilities of those that have an interest in encouraging economic growth in Texas.

 

The bill requires the governor to submit the results of the study to the lieutenant governor, the speaker of the house of representatives, and the members of the 80th Legislature by December 1, 2006.

Local Government Impact

No fiscal implication to units of local government is anticipated.

Source Agencies:

301 Office of the Governor

LBB Staff:

JOB, JRO, SMi