Honorable Charles Perry, Chair, Senate Committee on Water & Rural Affairs
FROM:
John McGeady, Assistant Director Sarah Keyton, Assistant Director Legislative Budget Board
IN RE:
HB2345 by Walle (Relating to the creation of the Institute for a Disaster Resilient Texas.), Committee Report 2nd House, Substituted
No significant fiscal implication to the State is anticipated.
Based on information provided by the Texas A&M University System, there would be no significant fiscal impact to the state to create the Institute for a Disaster Resilient Texas. The institution estimates that the annual cost of the institute to be approximately $5,000,000 in federal funding. Texas A&M System would also support the institution with office spaces, web site maintenance, server space, and super-computing resources which could be absorbed through the use of institutional funds. The institute is required to implement a provision of this Act only if the legislature appropriates money specifically for that purpose. If the legislature does not appropriate money specifically for that purpose, the institute may, but is not required to, implement a provision of this Act using other appropriations available for that purpose.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.
Source Agencies:
710 Texas A&M University System Administrative and General Offices