LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 80TH LEGISLATIVE REGULAR SESSION

April 27, 2007

TO:	Honorable Steve Ogden, Chair, Senate Committee on Finance
FROM:	John S. O'Brien, Director, Legislative Budget Board
IN RE:	HB1929 by Flynn (Relating to the comptroller's electronic funds transfer system and the use of electronic paycards.), As Engrossed

No significant fiscal implication to the State is anticipated.

The bill would allow the Comptroller to issue salary, travel expense reimbursements, and annuitant payments on electronic paycards, as an alternative to electronics funds transfers or warrants.  The bill would remove the use of warrants to pay salaries for state officers employees, leaving the employee with a choice of payment by either electronic fund transfer or electronic paycards.

Currently, the Comptroller uses an electronic funds transfer system to pay most employees.  In some cases, particularly when the employee's gross salary is less than that for the lowest step of group 8 of the state position classification plan, paper warrants are issued.

Local Government Impact

No fiscal implication to units of local government is anticipated.

Source Agencies:

304 Comptroller of Public Accounts

LBB Staff:

JOB, CT