TO: | Honorable Judith Zaffirini, Chair, Senate Committee on Government Organization |
FROM: | Ursula Parks, Director, Legislative Budget Board |
IN RE: | SB116 by Hinojosa (Relating to the consideration of ownership interests of disabled veterans in determining whether a business is a historically underutilized business for purposes of state contracting.), As Introduced |
The bill would amend Chapter 2161 of the Government Code to add veterans with a service-connected disability to the definition of an "economically disadvantaged person" for the purpose of identifying 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.
Source Agencies: | 304 Comptroller of Public Accounts
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LBB Staff: | UP, KJo, EP, LCO, KKR
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