LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 83RD LEGISLATIVE REGULAR SESSION May 5, 2013 TO: Honorable John Davis, Chair, House Committee on Economic & Small Business Development FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB2531 by Davis, John (Relating to the use of money in the spaceport trust fund for programs related to the aerospace industry.), Committee Report 1st House, Substituted No significant fiscal implication to the State is anticipated. The bill would amend the Government Code to allow money from the spaceport trust fund to be used for certain programs related to research conducted onboard the International Space Station. The bill would allow the Texas Economic Development and Tourism Office at the Trusteed Programs within the Office of the Governor to contract with a development corporation for spaceport facilities for the infrastructure development of a spaceport. The Office of the Governor indicates the provisions of the bill could be implemented within existing resources. The bill would take effect on September 1, 2013. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies:301 Office of the Governor LBB Staff: UP, RB, CK
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 83RD LEGISLATIVE REGULAR SESSION
May 5, 2013
TO: Honorable John Davis, Chair, House Committee on Economic & Small Business Development FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB2531 by Davis, John (Relating to the use of money in the spaceport trust fund for programs related to the aerospace industry.), Committee Report 1st House, Substituted
TO: Honorable John Davis, Chair, House Committee on Economic & Small Business Development
FROM: Ursula Parks, Director, Legislative Budget Board
IN RE: HB2531 by Davis, John (Relating to the use of money in the spaceport trust fund for programs related to the aerospace industry.), Committee Report 1st House, Substituted
Honorable John Davis, Chair, House Committee on Economic & Small Business Development
Honorable John Davis, Chair, House Committee on Economic & Small Business Development
Ursula Parks, Director, Legislative Budget Board
Ursula Parks, Director, Legislative Budget Board
HB2531 by Davis, John (Relating to the use of money in the spaceport trust fund for programs related to the aerospace industry.), Committee Report 1st House, Substituted
HB2531 by Davis, John (Relating to the use of money in the spaceport trust fund for programs related to the aerospace industry.), 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 the Government Code to allow money from the spaceport trust fund to be used for certain programs related to research conducted onboard the International Space Station. The bill would allow the Texas Economic Development and Tourism Office at the Trusteed Programs within the Office of the Governor to contract with a development corporation for spaceport facilities for the infrastructure development of a spaceport. The Office of the Governor indicates the provisions of the bill could be implemented within existing resources. The bill would take effect on September 1, 2013.
Local Government Impact
No fiscal implication to units of local government is anticipated.
Source Agencies: 301 Office of the Governor
301 Office of the Governor
LBB Staff: UP, RB, CK
UP, RB, CK