Honorable Joseph Pickett, Chair, House Committee on Defense & Veterans' Affairs
FROM:
John S O'Brien, Director, Legislative Budget Board
IN RE:
HB1172 by Fletcher (Relating to resources available to the Texas Veterans Commission.), As Introduced
No significant fiscal implication to the State is anticipated.
The bill would amend the Government Code and require that the Fund for Veterans' Assistance Account No. 0368 (Fund) be divided into two accounts. The first account would include federal funds transferred at the direction of the legislature into the Fund and the second account would include state funding transferred at the direction of the legislature into the Fund. The Texas Veterans Commission would be required to determine the appropriate funds to be included in each account and make the appropriate accounting entries with the Comptroller of Public Accounts. 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.
Source Agencies:
304 Comptroller of Public Accounts, 403 Veterans Commission