LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION

April 3, 2009

TO:	Honorable Mark Strama, Chair, House Committee on Technology, Economic Development & Workforce
FROM:	John S. O'Brien, Director, Legislative Budget Board
IN RE:	HB1652 by Ortiz, Jr. (Relating to use of money from the Texas Enterprise Fund or the Texas emerging technology fund to promote alternative energy sources and energy efficiency technologies.), As Introduced

No significant fiscal implication to the State is anticipated.

The bill would require twenty percent of funds from the Texas Enterprise Fund and thirty percent of funds from the Texas Emerging Technology Fund to be used to promote alternative energy sources and energy efficiency technologies.  The bill would be effective immediately if it receives a vote of two-thirds or on September 1, 2009.

Local Government Impact

No significant fiscal implication to units of local government is anticipated.

Source Agencies:

301 Office of the Governor

LBB Staff:

JOB, JRO, BTA