Honorable Aaron Pena, Chair, House Committee on Technology
FROM:
John S O'Brien, Director, Legislative Budget Board
IN RE:
HB2520 by Davis, John (Relating to the creation of a database to track specialized technology research projects conducted by public universities, public university research facilities, and other state institutions.), As Introduced
No significant fiscal implication to the State is anticipated.
Under provisions of the bill, the Higher Education Coordinating Board would be required to create a statewide specialized technology research database of projects being performed at institutions of higher education or other agencies. Institutions would be required to provide detailed information to the Coordinating Board regarding their projects’ technology, expert faculty, technology developed and patents gained, location of equipment, and policies for utilization of that equipment. The Higher Education Coordinating Board could, through a memorandum of understanding, work in conjunction with the Texas Economic Development and Tourism Office in collecting data for and maintaining the database. Any costs or duties associated with implementing the provisions of the bill could be absorbed within existing resources.
Local Government Impact
No fiscal implication to units of local government is anticipated.
Source Agencies:
300 Trusteed Programs Within the Office of the Governor, 781 Higher Education Coordinating Board