Honorable Kevin Eltife, Chair, Senate Committee on Business & Commerce
FROM:
Ursula Parks, Director, Legislative Budget Board
IN RE:
HB2475 by Geren ( Relating to the establishment of the center for alternative finance and procurement within the Texas Facilities Commission and to public and private partnerships; authorizing a fee.), Committee Report 2nd House, Substituted
The fiscal implications of the bill cannot be determined at this time due to unavailability of data estimating the amount of public private partnership proposals governmental entities receive in Texas.
The bill would amend Government Code to create a center for alternative finance and procurement within the Texas Facilities Commission to consult with and assist governmental entities, that have elected or adopted a resolution to operate under the relevant state government code, with private public partnership proposals. Additionally, the bill would authorize the center to collect a fee.
The fiscal implications of this bill cannot be determined at this time due to the unavailability of data estimating the amount of governmental entities that would participate or the number of public private partnership proposals governmental entities receive in Texas.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.
Source Agencies:
303 Facilities Commission, 304 Comptroller of Public Accounts