LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 84TH LEGISLATIVE REGULAR SESSION April 9, 2015 TO: Honorable Tracy O. King, Chair, House Committee on Agriculture & Livestock FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB557 by Farias (relating to the growth or cultivation of industrial hemp for certain research purposes.), Committee Report 1st House, Substituted No significant fiscal implication to the State is anticipated. The bill would amend the Agriculture Code to provide that the Department of Agriculture or an institution of higher education may grow or cultivate industrial hemp for research, as described. Based on the analysis of the Texas Department of Agriculture and University of Texas System Administration, duties and responsibilities associated with implementing the provisions of the bill could be accomplished by utilizing existing resources of the department or an institution of higher education. Local Government Impact No significant fiscal implication to units of local government is anticipated. Source Agencies:551 Department of Agriculture, 720 The University of Texas System Administration LBB Staff: UP, SZ, TB, MW LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 84TH LEGISLATIVE REGULAR SESSION April 9, 2015 TO: Honorable Tracy O. King, Chair, House Committee on Agriculture & Livestock FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB557 by Farias (relating to the growth or cultivation of industrial hemp for certain research purposes.), Committee Report 1st House, Substituted TO: Honorable Tracy O. King, Chair, House Committee on Agriculture & Livestock FROM: Ursula Parks, Director, Legislative Budget Board IN RE: HB557 by Farias (relating to the growth or cultivation of industrial hemp for certain research purposes.), Committee Report 1st House, Substituted Honorable Tracy O. King, Chair, House Committee on Agriculture & Livestock Honorable Tracy O. King, Chair, House Committee on Agriculture & Livestock Ursula Parks, Director, Legislative Budget Board Ursula Parks, Director, Legislative Budget Board HB557 by Farias (relating to the growth or cultivation of industrial hemp for certain research purposes.), Committee Report 1st House, Substituted HB557 by Farias (relating to the growth or cultivation of industrial hemp for certain research purposes.), 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 Agriculture Code to provide that the Department of Agriculture or an institution of higher education may grow or cultivate industrial hemp for research, as described. Based on the analysis of the Texas Department of Agriculture and University of Texas System Administration, duties and responsibilities associated with implementing the provisions of the bill could be accomplished by utilizing existing resources of the department or an institution of higher education. Local Government Impact No significant fiscal implication to units of local government is anticipated. Source Agencies: 551 Department of Agriculture, 720 The University of Texas System Administration 551 Department of Agriculture, 720 The University of Texas System Administration LBB Staff: UP, SZ, TB, MW UP, SZ, TB, MW