Honorable Angie Chen Button, Chair, House Committee on International Relations & Economic Development
FROM:
Jerry McGinty, Director, Legislative Budget Board
IN RE:
HB1723 by Raymond (relating to requiring the Department of Information Resources to conduct a study concerning the cybersecurity of small businesses.), Committee Report 1st House, Substituted
No significant fiscal implication to the State is anticipated.
The bill would require the Department of Information Resources (DIR) and the Texas Workforce Commission (TWC), to conduct a study of small business cybersecurity, and consider a small business cybersecurity grant program. It would authorize DIR to partner with a nonprofit entity or an institution of higher education to conduct the study.
The bill would require DIR to submit, to committees with jurisdiction over small businesses and cybersecurity, the results of the study and recommendations for improvement.
It is assumed that any costs associated with the bill's implementation could be absorbed using existing resources.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.
Source Agencies:
313 Department of Information Resources, 320 Texas Workforce Commission, 710 Texas A&M University System Administrative and General Offices, 720 The University of Texas System Administration, 758 Texas State University System, 768 Texas Tech University System Administration, 781 Higher Education Coordinating Board, 978 San Jacinto College