Honorable Steve Ogden, Chair, Senate Committee on Finance
FROM:
John S. O'Brien, Director, Legislative Budget Board
IN RE:
SB2031 by Ogden (Relating to requiring legislative consent or approval of the settlement or compromise of a claim or action against the state that will involve state expenditures exceeding a certain amount. ), Committee Report 1st House, Substituted
No significant fiscal implication to the State is anticipated.
The bill would amend Title 5, Civil Practice and Remedies Code by adding Chapter 111, which would specify that the attorney general or other attorney representing this state may not enter into a settlement of a claim or action against this state without the consent or approval of the legislature if the settlement would be beyond $5,000,000 or $10,000,000 during the two-year period beginning on the the date that the state is to begin the course of the action under the settlement.
Local Government Impact
No fiscal implication to units of local government is anticipated.