LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION April 15, 2011 TO: Honorable Jeff Wentworth, Chair, Senate Committee on Open Government, Select FROM: John S O'Brien, Director, Legislative Budget Board IN RE:SB1421 by Nelson (relating to the awarding of grants provided by the Cancer Prevention and Research Institute of Texas.), Committee Report 1st House, Substituted No significant fiscal implication to the State is anticipated. The bill would amend Section 102.256 of the Health and Safety Code to include interest or proceeds resulting from securities and equity ownership for intellectual property agreements entered into as a result of grants awarded by the Cancer Prevention and Research Institue of Texas (CPRIT). The bill would amend Section 102.262 of the Health and Safety Code to include certain information submitted by an applicant or recipient of a CPRIT grant to be confidential and not subject to disclosure under public information laws. The bill would take effect September 1, 2011. 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:542 Cancer Prevention and Research Institute of Texas LBB Staff: JOB, EP, JT
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION
April 15, 2011
TO: Honorable Jeff Wentworth, Chair, Senate Committee on Open Government, Select FROM: John S O'Brien, Director, Legislative Budget Board IN RE:SB1421 by Nelson (relating to the awarding of grants provided by the Cancer Prevention and Research Institute of Texas.), Committee Report 1st House, Substituted
TO: Honorable Jeff Wentworth, Chair, Senate Committee on Open Government, Select
FROM: John S O'Brien, Director, Legislative Budget Board
IN RE: SB1421 by Nelson (relating to the awarding of grants provided by the Cancer Prevention and Research Institute of Texas.), Committee Report 1st House, Substituted
Honorable Jeff Wentworth, Chair, Senate Committee on Open Government, Select
Honorable Jeff Wentworth, Chair, Senate Committee on Open Government, Select
John S O'Brien, Director, Legislative Budget Board
John S O'Brien, Director, Legislative Budget Board
SB1421 by Nelson (relating to the awarding of grants provided by the Cancer Prevention and Research Institute of Texas.), Committee Report 1st House, Substituted
SB1421 by Nelson (relating to the awarding of grants provided by the Cancer Prevention and Research Institute of Texas.), Committee Report 1st House, Substituted
No significant fiscal implication to the State is anticipated.
No significant fiscal implication to the State is anticipated.
The bill would amend Section 102.256 of the Health and Safety Code to include interest or proceeds resulting from securities and equity ownership for intellectual property agreements entered into as a result of grants awarded by the Cancer Prevention and Research Institue of Texas (CPRIT). The bill would amend Section 102.262 of the Health and Safety Code to include certain information submitted by an applicant or recipient of a CPRIT grant to be confidential and not subject to disclosure under public information laws. The bill would take effect September 1, 2011. It is anticipated that any additional costs associated with implementation of the legislation could be absorbed within existing resources.
The bill would amend Section 102.256 of the Health and Safety Code to include interest or proceeds resulting from securities and equity ownership for intellectual property agreements entered into as a result of grants awarded by the Cancer Prevention and Research Institue of Texas (CPRIT). The bill would amend Section 102.262 of the Health and Safety Code to include certain information submitted by an applicant or recipient of a CPRIT grant to be confidential and not subject to disclosure under public information laws.
The bill would take effect September 1, 2011.
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: 542 Cancer Prevention and Research Institute of Texas
542 Cancer Prevention and Research Institute of Texas
LBB Staff: JOB, EP, JT
JOB, EP, JT