LEGISLATIVE BUDGET BOARD
Austin, Texas
 
FISCAL NOTE, 84TH LEGISLATIVE REGULAR SESSION
 
March 25, 2015

TO:
Honorable Jane Nelson, Chair, Senate Committee on Finance
 
FROM:
Ursula Parks, Director, Legislative Budget Board
 
IN RE:
SB2004 by Eltife (Relating to deferred maintenance for state facilities.), As Introduced

No significant fiscal implication to the State is anticipated.

The bill would address deferred maintenance for state facilities.
 
The bill would require the Lieutenant Governor and the Speaker of the House to each appoint three members to a Joint Oversight Committee on Government Facilities to review deferred maintenance plans; to receive implementation updates; and to provide to the Legislature biannual reports on the money appropriated from the deferred maintenance fund created by this bill, the projects completed through the fund, and the status of ongoing and completed projects.
 
The bill would amend Chapter 2165 of the Government Code, regarding state buildings, grounds and property, to add new Subchapter I to create the deferred maintenance fund. The fund would be an account in the General Revenue Fund created for the purpose of receiving appropriations and transfers to address deferred maintenance needs.  No appropriations are made in the bill, although it would establish the basis for a future appropriation.

The legislation would do one or more of the following:  create or recreate a dedicated account in the General Revenue Fund, create or recreate a special or trust fund either with or outside of the Treasury, or create a dedicated revenue source.  The fund, account, or revenue dedication included in this bill would be subject to funds consolidation review by the current Legislature.
 
The bill would take effect immediately upon enactment, assuming it received the requisite two-thirds majority votes in both houses of the Legislature.  Otherwise, it would take effect September 1, 2015.

Local Government Impact

No fiscal implication to units of local government is anticipated.


Source Agencies:
103 Legislative Council, 304 Comptroller of Public Accounts
LBB Staff:
UP, KK, SD