Honorable Kelly Hancock, Chair, Senate Committee on Business & Commerce
FROM:
John McGeady, Assistant Director Sarah Keyton, Assistant Director Legislative Budget Board
IN RE:
HB1962 by Lambert (Relating to the continuation and functions of the Texas State Library and Archives Commission, including the custody and ownership of certain state records.), Committee Report 2nd House, Substituted
No significant fiscal implication to the State is anticipated.
The agency estimates there would be a minimal cost associated with implementing the provisions of the bill.
This 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.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.