Honorable Poncho Nevárez, Chair, House Committee on Homeland Security & Public Safety
FROM:
John McGeady, Assistant Director Sarah Keyton, Assistant Director Legislative Budget Board
IN RE:
HB2952 by Guillen (relating to the establishment of an emergency radio infrastructure revolving loan program.), Committee Report 1st House, Substituted
Estimated Two-year Net Impact to General Revenue Related Funds for HB2952, Committee Report 1st House, Substituted: an impact of $0 through the biennium ending August 31, 2021.
The bill would make no appropriation but provides the legal basis for an appropriation of funds to implement the provisions of the bill.
Fiscal Year
Probable Net Positive/(Negative) Impact to General Revenue Related Funds
2020
$0
2021
$0
2022
$0
2023
$0
2024
$0
Fiscal Year
Probable Revenue Gain/(Loss) from Emergency Radio Infrastructure 5153
Probable Revenue Gain/(Loss) from New General Revenue Dedicated - Emergency Radio Infrastructure Revolving Loan Account
2020
($30,144,900)
$30,144,900
2021
($7,784,000)
$7,784,000
2022
($7,521,000)
$7,521,000
2023
($7,266,000)
$7,266,000
2024
($7,019,000)
$7,019,000
Fiscal Analysis
This bill would amend statute relating to the establishment of an emergency radio infrastructure revolving loan program, and would require the Office of the Governor to provide loans to qualifying public safety agencies throughout the state to finance infrastructure related to interoperable statewide emergency radio infrastructure.
The bill would create the new Emergency Radio Infrastructure Revolving Loan Account in the General Revenue Fund. The fund would consist of court cost revenue currently allocated to GR Account 5153 - Emergency Radio Infrastructure, payments on loans, and interest earned.
According to the Comptroller of Public Accounts (CPA), loan terms and interest rates would be determined by the Office of the Governor. The bill would give the office flexibility to make forgivable loans related to emergency radio infrastructure. It is assumed the costs of administering the loan program at the Office of the Governor could be absorbed within existing resources.
This bill would take effect September 1, 2019.
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.
Methodology
The bill would transfer all money in GR Account 5153 - Emergency Radio Infrastructure to the new Emergency Radio Infrastructure Revolving Loan Account on September 1, 2019, reflected in the table above.
Local Government Impact
No 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, 405 Department of Public Safety