LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION March 17, 2011 TO: Honorable Joseph Pickett, Chair, House Committee on Defense & Veterans' Affairs FROM: John S O'Brien, Director, Legislative Budget Board IN RE:HB1096 by Farias (Relating to considering ownership interests of certain disabled veterans in determining whether a business is a historically underutilized business for purposes of state contracting.), As Introduced No significant fiscal implication to the State is anticipated. The bill would amend Chapter 2161 of the Government Code to add veterans as defined by 38 U.S.C. Section 101(2) with a service-connected disability as defined by 38 U.S.C. Section 101(16) to the definition of an "economically disadvantaged person" in determining whether a business is a historically underutilized business (HUB). The bill would also require the categorization of HUBs to include businesses owned or owned, operated and controlled by disabled veterans, in addition to existing categorizations by sex, race and ethnicity. The Comptroller of Public Accounts estimates there would be a cost to processing additional applications for certification of HUBs. However, it is anticipated that any additional costs associated with implementation of the legislation could be absorbed within existing resources. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies:304 Comptroller of Public Accounts LBB Staff: JOB, KM, MS, LCO
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION
March 17, 2011
TO: Honorable Joseph Pickett, Chair, House Committee on Defense & Veterans' Affairs FROM: John S O'Brien, Director, Legislative Budget Board IN RE:HB1096 by Farias (Relating to considering ownership interests of certain disabled veterans in determining whether a business is a historically underutilized business for purposes of state contracting.), As Introduced
TO: Honorable Joseph Pickett, Chair, House Committee on Defense & Veterans' Affairs
FROM: John S O'Brien, Director, Legislative Budget Board
IN RE: HB1096 by Farias (Relating to considering ownership interests of certain disabled veterans in determining whether a business is a historically underutilized business for purposes of state contracting.), As Introduced
Honorable Joseph Pickett, Chair, House Committee on Defense & Veterans' Affairs
Honorable Joseph Pickett, Chair, House Committee on Defense & Veterans' Affairs
John S O'Brien, Director, Legislative Budget Board
John S O'Brien, Director, Legislative Budget Board
HB1096 by Farias (Relating to considering ownership interests of certain disabled veterans in determining whether a business is a historically underutilized business for purposes of state contracting.), As Introduced
HB1096 by Farias (Relating to considering ownership interests of certain disabled veterans in determining whether a business is a historically underutilized business for purposes of state contracting.), As Introduced
No significant fiscal implication to the State is anticipated.
No significant fiscal implication to the State is anticipated.
The bill would amend Chapter 2161 of the Government Code to add veterans as defined by 38 U.S.C. Section 101(2) with a service-connected disability as defined by 38 U.S.C. Section 101(16) to the definition of an "economically disadvantaged person" in determining whether a business is a historically underutilized business (HUB). The bill would also require the categorization of HUBs to include businesses owned or owned, operated and controlled by disabled veterans, in addition to existing categorizations by sex, race and ethnicity. The Comptroller of Public Accounts estimates there would be a cost to processing additional applications for certification of HUBs. However, it is anticipated that any additional costs associated with implementation of the legislation could be absorbed within existing resources.
The bill would amend Chapter 2161 of the Government Code to add veterans as defined by 38 U.S.C. Section 101(2) with a service-connected disability as defined by 38 U.S.C. Section 101(16) to the definition of an "economically disadvantaged person" in determining whether a business is a historically underutilized business (HUB). The bill would also require the categorization of HUBs to include businesses owned or owned, operated and controlled by disabled veterans, in addition to existing categorizations by sex, race and ethnicity. The Comptroller of Public Accounts estimates there would be a cost to processing additional applications for certification of HUBs. However, it is anticipated that any additional costs associated with implementation of the legislation could be absorbed within existing resources.
Local Government Impact
No fiscal implication to units of local government is anticipated.
Source Agencies: 304 Comptroller of Public Accounts
304 Comptroller of Public Accounts
LBB Staff: JOB, KM, MS, LCO
JOB, KM, MS, LCO