LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION

March 31, 2009

TO:	Honorable Leticia Van de Putte, Chair, Senate Committee on Veteran Affairs & Military Installations
FROM:	John S. O'Brien, Director, Legislative Budget Board
IN RE:	SB1654 by Van de Putte (Relating to the criteria for evaluating requests for defense economic adjustment assistance grants.), As Introduced

No significant fiscal implication to the State is anticipated.

The bill would require the Defense Economic Adjustment Assistance Panel to evaluate each application for a Defense Economic Adjustment Assistance Grant to assign the applicant a score based on certain criteria to include anticipated number of jobs retained.  The bill would take effect immediately if it receives two-thirds votes 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, KK, BTA