Honorable Frank Corte, Jr., Chair, House Committee on Defense Affairs & State-Federal Relations
FROM:
John S. O'Brien, Director, Legislative Budget Board
IN RE:
HB2405 by Hardcastle (Relating to paying the costs incurred by a state agency that is deployed by the governor to respond to a natural disaster or other emergency.), As Introduced
Estimated Two-year Net Impact to General Revenue Related Funds for HB2405, As Introduced: an impact of $0 through the biennium ending August 31, 2009.
The bill would make no appropriation but could provide the legal basis for an appropriation of funds to implement the provisions of the bill.
Fiscal Year
Probable Net Positive/(Negative) Impact to General Revenue Related Funds
2008
$0
2009
$0
2010
$0
2011
$0
2012
$0
Fiscal Year
Probable (Cost) from DISASTER CONTINGENCY ACCT 453
2008
($107,160)
2009
$0
2010
$0
2011
$0
2012
$0
Fiscal Analysis
The bill requires the Governor to pay, from the Disaster Contingency Fund, costs incurred by a state agency if that agency is deployed by the Governor in response to a natural disaster or other emergency.
Methodology
The current balance in the Disaster Contingency Fund is $107,160. This analysis assumes that an emergency in fiscal year 2008 would require the expenditure of the account balance. Therefore, the cost to the state is estimated at $107,160 from the General Revenue-dedicated Disaster Contingency account for the 2008-09 biennium.
Local Government Impact
No fiscal implication to units of local government is anticipated.