Texas 2015 84th Regular

Texas Senate Bill SB458 Introduced / Fiscal Note

Filed 02/02/2025

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                    LEGISLATIVE BUDGET BOARD    Austin, Texas      FISCAL NOTE, 84TH LEGISLATIVE REGULAR SESSION            April 3, 2015      TO: Honorable Troy Fraser, Chair, Senate Committee on Natural Resources & Economic Development      FROM: Ursula Parks, Director, Legislative Budget Board     IN RE:SB458 by Lucio (Relating to the aerospace and aviation office of the Texas Economic Development and Tourism Office and to the aerospace and aviation advisory committee.), As Introduced    No significant fiscal implication to the State is anticipated.  The bill would amend Government Code to direct the Aerospace and Aviation Office in the Trusteed Programs Within the Office of the Governor to develop and report on certain policy initiatives and reforms for the aerospace industry of Texas. The bill provides detail on the membership requirements for the aerospace and aviation advisory committee and assigns the committee additional responsibilities. The bill would take effect September 1, 2015Based on the LBB's analysis of the Office of the Governor, duties and responsibilities associated with implementing the provisions of the bill could be accomplished by utilizing existing resources. Local Government Impact No significant fiscal implication to units of local government is anticipated.    Source Agencies:301 Office of the Governor, 304 Comptroller of Public Accounts   LBB Staff:  UP, SZ, EP, LBe, CL    

LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 84TH LEGISLATIVE REGULAR SESSION
April 3, 2015





  TO: Honorable Troy Fraser, Chair, Senate Committee on Natural Resources & Economic Development      FROM: Ursula Parks, Director, Legislative Budget Board     IN RE:SB458 by Lucio (Relating to the aerospace and aviation office of the Texas Economic Development and Tourism Office and to the aerospace and aviation advisory committee.), As Introduced  

TO: Honorable Troy Fraser, Chair, Senate Committee on Natural Resources & Economic Development
FROM: Ursula Parks, Director, Legislative Budget Board
IN RE: SB458 by Lucio (Relating to the aerospace and aviation office of the Texas Economic Development and Tourism Office and to the aerospace and aviation advisory committee.), As Introduced

 Honorable Troy Fraser, Chair, Senate Committee on Natural Resources & Economic Development 

 Honorable Troy Fraser, Chair, Senate Committee on Natural Resources & Economic Development 

 Ursula Parks, Director, Legislative Budget Board

 Ursula Parks, Director, Legislative Budget Board

SB458 by Lucio (Relating to the aerospace and aviation office of the Texas Economic Development and Tourism Office and to the aerospace and aviation advisory committee.), As Introduced

SB458 by Lucio (Relating to the aerospace and aviation office of the Texas Economic Development and Tourism Office and to the aerospace and aviation advisory committee.), As Introduced



No significant fiscal implication to the State is anticipated.

No significant fiscal implication to the State is anticipated.



The bill would amend Government Code to direct the Aerospace and Aviation Office in the Trusteed Programs Within the Office of the Governor to develop and report on certain policy initiatives and reforms for the aerospace industry of Texas. The bill provides detail on the membership requirements for the aerospace and aviation advisory committee and assigns the committee additional responsibilities. The bill would take effect September 1, 2015Based on the LBB's analysis of the Office of the Governor, duties and responsibilities associated with implementing the provisions of the bill could be accomplished by utilizing existing resources.

Local Government Impact

No significant fiscal implication to units of local government is anticipated.

Source Agencies: 301 Office of the Governor, 304 Comptroller of Public Accounts

301 Office of the Governor, 304 Comptroller of Public Accounts

LBB Staff: UP, SZ, EP, LBe, CL

 UP, SZ, EP, LBe, CL