Honorable Craig Estes, Chair, Senate Committee on Natural Resources & Economic Development
FROM:
Ursula Parks, Director, Legislative Budget Board
IN RE:
SB794 by Miles (Relating to the biennial report to the legislature on grants made to entities under the Texas Enterprise Fund.), As Introduced
No significant fiscal implication to the State is anticipated.
The bill would amend the Government Code relating to the biennial report to the legislature on grants made to entities under the Texas Enterprise Fund. The bill would require the report to include certain information on grant recipients that are historically underutilized businesses. This analysis assumes any costs associated with the bill could be absorbed by the Trusteed Programs Within the Office of the Governor using 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:
300 Trusteed Programs Within the Office of the Governor, 304 Comptroller of Public Accounts