LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 87TH LEGISLATIVE REGULAR SESSION April 6, 2021 TO: Honorable Angie Chen Button, Chair, House Committee on International Relations & Economic Development FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB1923 by Thierry (Relating to a study and report by the comptroller on local and state supply chain disruptions caused by the COVID-19 pandemic.), As Introduced Estimated Two-year Net Impact to General Revenue Related Funds for HB1923, As Introduced : a negative impact of ($500,000) through the biennium ending August 31, 2023. The bill would make no appropriation but could provide the legal basis for an appropriation of funds to implement the provisions of the bill. General Revenue-Related Funds, Five- Year Impact: Fiscal Year Probable Net Positive/(Negative) Impact toGeneral Revenue Related Funds2022($500,000)2023$02024$02025$02026$0All Funds, Five-Year Impact: Fiscal Year Probable (Cost) fromGeneral Revenue Fund12022($500,000)2023$02024$02025$02026$0 Fiscal AnalysisThe bill would require the Comptroller to conduct a study to identify and evaluate local and state supply chain disruptions caused by the COVID-19 pandemic. The study would assess the overall cost to the state, determine the number of jobs affected, and determine which industries were most affected by local and state supply chain disruptions caused by the pandemic. The bill would also require the Comptroller to recommend policies and procedures for maintaining effective supply chains in future health and economic crises. The bill would require the Comptroller to report the results of the study and any recommendations for legislative or other action to aid in the state's recovery from the pandemic and prepare for future health and economic crises. The report would be submitted to the Governor and the Legislature by September 1, 2022.According to the Comptroller's office, the agency would need to hire an outside contractor with the expertise necessary to conduct the study proposed by the bill.
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 87TH LEGISLATIVE REGULAR SESSION
April 6, 2021
TO: Honorable Angie Chen Button, Chair, House Committee on International Relations & Economic Development FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB1923 by Thierry (Relating to a study and report by the comptroller on local and state supply chain disruptions caused by the COVID-19 pandemic.), As Introduced
TO: Honorable Angie Chen Button, Chair, House Committee on International Relations & Economic Development
FROM: Jerry McGinty, Director, Legislative Budget Board
IN RE: HB1923 by Thierry (Relating to a study and report by the comptroller on local and state supply chain disruptions caused by the COVID-19 pandemic.), As Introduced
Honorable Angie Chen Button, Chair, House Committee on International Relations & Economic Development
Honorable Angie Chen Button, Chair, House Committee on International Relations & Economic Development
Jerry McGinty, Director, Legislative Budget Board
Jerry McGinty, Director, Legislative Budget Board
HB1923 by Thierry (Relating to a study and report by the comptroller on local and state supply chain disruptions caused by the COVID-19 pandemic.), As Introduced
HB1923 by Thierry (Relating to a study and report by the comptroller on local and state supply chain disruptions caused by the COVID-19 pandemic.), As Introduced
Estimated Two-year Net Impact to General Revenue Related Funds for HB1923, As Introduced : a negative impact of ($500,000) through the biennium ending August 31, 2023. The bill would make no appropriation but could provide the legal basis for an appropriation of funds to implement the provisions of the bill.
Estimated Two-year Net Impact to General Revenue Related Funds for HB1923, As Introduced : a negative impact of ($500,000) through the biennium ending August 31, 2023. The bill would make no appropriation but could provide the legal basis for an appropriation of funds to implement the provisions of the bill.
The bill would make no appropriation but could provide the legal basis for an appropriation of funds to implement the provisions of the bill.
General Revenue-Related Funds, Five- Year Impact:
2022 ($500,000)
2023 $0
2024 $0
2025 $0
2026 $0
All Funds, Five-Year Impact:
2022 ($500,000)
2023 $0
2024 $0
2025 $0
2026 $0
Fiscal Analysis
The bill would require the Comptroller to conduct a study to identify and evaluate local and state supply chain disruptions caused by the COVID-19 pandemic. The study would assess the overall cost to the state, determine the number of jobs affected, and determine which industries were most affected by local and state supply chain disruptions caused by the pandemic. The bill would also require the Comptroller to recommend policies and procedures for maintaining effective supply chains in future health and economic crises. The bill would require the Comptroller to report the results of the study and any recommendations for legislative or other action to aid in the state's recovery from the pandemic and prepare for future health and economic crises. The report would be submitted to the Governor and the Legislature by September 1, 2022.According to the Comptroller's office, the agency would need to hire an outside contractor with the expertise necessary to conduct the study proposed by the bill.
Methodology
The Comptroller estimates a one-time cost of $500,000 to hire an outside contractor with the expertise necessary to assess costs to the state, impacts on jobs, and impacts on industry related to the COVID-19 pandemic.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.
Source Agencies: b > td > 304 Comptroller of Public Accounts
304 Comptroller of Public Accounts
LBB Staff: b > td > JMc, SZ, LCO, MBO
JMc, SZ, LCO, MBO