Honorable Jane Nelson, Chair, Senate Committee on Finance
FROM:
Ursula Parks, Director, Legislative Budget Board
IN RE:
SB2004 by Eltife (relating to deferred maintenance funding for state facilities.), Committee Report 1st House, Substituted
No fiscal implication to the State is anticipated.
This 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 and to receive implementation updates.
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. The bill states the account would be exempt from the provisions of Section 403.095, relating to use of dedicated revenues. No appropriations are made in the bill, although it would establish the basis for a future appropriation.
The bill would have no revenue implications. Since the amounts of future appropriations and transfers to the fund are unknown at this time, the fiscal impacts cannot be estimated. The bill 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. Legislative policy, implemented as Government Code 403.094, consolidated special funds (except those affected by constitutional, federal, or other restrictions) into the General Revenue Fund as of August 31, 1993 and eliminated all applicable statutory revenue dedications as of August 31, 1995. Each subsequent Legislature has reviewed bills that affect funds consolidation. The fund, account, or revenue dedication included in this bill would be subject to funds consolidation review by the current Legislature.
This 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.