Honorable John Whitmire, Chair, Senate Committee on Criminal Justice
Ursula Parks, Director, Legislative Budget Board
HB530 by Hernandez (Relating to the use of proceeds from criminal asset forfeiture to provide college scholarships to children of peace officers killed in the line of duty and to an annual report regarding the total value of forfeited property in this state.), Committee Report 2nd House, Substituted
No significant fiscal implication to the State is anticipated.
The bill would amend the Code of Criminal Procedure to authorize a law enforcement agency to transfer no more than 10 percent of the gross amount credited to the agency's forfeiture fund into a special fund to provide college scholarships to children of peace officers killed in the line of duty. The bill would also require the Attorney General to publish an annual report detailing the total amount of funds forfeited, and credited after the sale of forfeited property, in the preceding calendar year.
It is assumed implementing the provisions of the bill could be absorbed within current resources.
Local Government Impact
There could be some administrative costs associated with establishing a separate special fund, and disbursing funds to eligible recipients; however, the fiscal impact to units of local government is not anticipated to be significant.
302 Office of the Attorney General, 405 Department of Public Safety