Honorable Charles Schwertner, Chair, Senate Committee on Business & Commerce
FROM:
Jerry McGinty, Director, Legislative Budget Board
IN RE:
HB1550 by Goldman (Relating to the continuation and functions of the Office of State-Federal Relations.), As Engrossed
No significant fiscal implication to the State is anticipated.
The bill would continue the Office of State Federal Relations (OSFR) for 12 years. The bill would repeal statutory provisions relating to OSFR's federal funds management. The bill would amend OSFR's annual reporting requirements to remove outdated provisions and require OSFR to post each annual report on its website.
According to the Trusteed Programs and the Sunset Advisory Commission, no significant fiscal implications are anticipated from the provisions of the bill.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.
Source Agencies:
116 Sunset Advisory Commission, 300 Trusteed Programs Within the Office of the Governor