Honorable Byron Cook, Chair, House Committee on State Affairs
FROM:
John S O'Brien, Director, Legislative Budget Board
IN RE:
HB888 by Guillen (Relating to historically underutilized businesses owned by disabled veterans for purposes of state contracting.), Committee Report 1st House, Substituted
No significant fiscal implication to the State is anticipated.
The bill would amend Government Code, Section 2161.001(2) to add veterans as defined by 38 U.S.C. Section 101(2) with a service-connected disability as defined by 38 U.S.C. Section 101(16) to the definition of a historically underutilized business. The Comptroller of Public Accounts estimates there would be a cost to processing additional applications for certification of historically underutilized businesses. However, it is anticipated that any additional costs associated with implementation of the legislation could be absorbed within existing resources.
Local Government Impact
No fiscal implication to units of local government is anticipated.