Honorable Charles Schwertner, Chair, Senate Committee on Health & Human Services
FROM:
Ursula Parks, Director, Legislative Budget Board
IN RE:
SB81 by Nelson (Relating to the operations of the Cancer Prevention and Research Institute of Texas.), As Introduced
No significant fiscal implication to the State is anticipated.
The bill would amend various codes relating to the operations of the Cancer Prevention and Research Institute of Texas (CPRIT). The bill would expand the definition for an appointed officer of a major state agency to include CPRIT's Oversight Committee under certain state ethics requirements. The bill establishes certain requirements for committee members and employees to serve on the board of grant recipients. The bill would amend the limitations relating to grant awards for cancer prevention and control programs. The bill would allow the Oversight Committee to transfer management and disposition authority for interests in royalties, income, and other benefits to the Texas Treasury Safekeeping Trust Company, and allow the Oversight Committee to conduct a closed session relating to investment ownership. The bill would repeal the requirements relating to disclosure of political contributions made by Oversight Committee members.
The Cancer Prevention and Research Institute of Texas and the Comptroller of Public Accounts indicate that the duties and responsibilities associated with implementing the provisions of the bill could be accomplished within each agency's existing resources.
The bill would take effect September 1, 2017.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.
Source Agencies:
304 Comptroller of Public Accounts, 542 Cancer Prevention and Research Institute of Texas