Honorable Charles Schwertner, Chair, Senate Committee on Health & Human Services
FROM:
Ursula Parks, Director, Legislative Budget Board
IN RE:
SB1924 by Schwertner (Relating to the financial self-sufficiency of the Cancer Prevention and Research Institute of Texas.), As Introduced
No significant fiscal implication to the State is anticipated.
The bill would amend Health and Safety Code relating to the financial self-sufficiency of the Cancer Prevention and Research Institute of Texas (CPRIT). The bill would require CPRIT to develop a plan that describes certain processes for CPRIT to become financially self-sufficient to operate without state funds other than certain revenues. The bill requires the initial plan to be submitted by December 1, 2018, with any modifications submitted by December 1 of each subsequent year. The bill would take effect immediately upon receiving two-thirds majority vote in each house. Otherwise, the bill would take effect September 1, 2017.
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.
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