LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 87TH LEGISLATIVE REGULAR SESSION April 6, 2021 TO: Honorable Jane Nelson, Chair, Senate Committee on Finance FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: SB1605 by Huffman (Relating to directing payment, after approval, of certain miscellaneous claims and judgments against the state out of funds designated by this Act; making appropriations.), As Introduced Estimated Two-year Net Impact to General Revenue Related Funds for SB1605, As Introduced : a negative impact of ($19,954,744) through the biennium ending August 31, 2023. Appropriations: Fiscal Year Appropriation out ofGeneral Revenue Fund1 Appropriation out ofState Highway Fund6 Appropriation out ofLottery Acct5025 Appropriation out ofTrauma Facility And Ems51112022$19,954,744$761,083$5,500$317,8712023$0$0$0$0General Revenue-Related Funds, Five- Year Impact: Fiscal Year Probable Net Positive/(Negative) Impact toGeneral Revenue Related Funds2022($19,954,744)2023$02024$02025$02026$0All Funds, Five-Year Impact: Fiscal Year Probable (Cost) fromGeneral Revenue Fund1 Probable (Cost) fromState Highway Fund6 Probable (Cost) fromLottery Acct5025 Probable (Cost) fromTrauma Facility And Ems51112022($19,954,744)($761,083)($5,500)($317,871)2023$0$0$0$02024$0$0$0$02025$0$0$0$02026$0$0$0$0 Fiscal AnalysisThe bill would make appropriations in the 2022-23 biennium from the General Revenue Fund, State Highway Fund, GR Account - Lottery, and GR Account - Designated Trauma Facilities and EMS, to pay miscellaneous claims and judgments against the state.The bill would take effect September 1, 2021.
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 87TH LEGISLATIVE REGULAR SESSION
April 6, 2021
TO: Honorable Jane Nelson, Chair, Senate Committee on Finance FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: SB1605 by Huffman (Relating to directing payment, after approval, of certain miscellaneous claims and judgments against the state out of funds designated by this Act; making appropriations.), As Introduced
TO: Honorable Jane Nelson, Chair, Senate Committee on Finance
FROM: Jerry McGinty, Director, Legislative Budget Board
IN RE: SB1605 by Huffman (Relating to directing payment, after approval, of certain miscellaneous claims and judgments against the state out of funds designated by this Act; making appropriations.), As Introduced
Honorable Jane Nelson, Chair, Senate Committee on Finance
Honorable Jane Nelson, Chair, Senate Committee on Finance
Jerry McGinty, Director, Legislative Budget Board
Jerry McGinty, Director, Legislative Budget Board
SB1605 by Huffman (Relating to directing payment, after approval, of certain miscellaneous claims and judgments against the state out of funds designated by this Act; making appropriations.), As Introduced
SB1605 by Huffman (Relating to directing payment, after approval, of certain miscellaneous claims and judgments against the state out of funds designated by this Act; making appropriations.), As Introduced
Estimated Two-year Net Impact to General Revenue Related Funds for SB1605, As Introduced : a negative impact of ($19,954,744) through the biennium ending August 31, 2023.
Estimated Two-year Net Impact to General Revenue Related Funds for SB1605, As Introduced : a negative impact of ($19,954,744) through the biennium ending August 31, 2023.
Appropriations:
2022 $19,954,744 $761,083 $5,500 $317,871
2023 $0 $0 $0 $0
General Revenue-Related Funds, Five- Year Impact:
2022 ($19,954,744)
2023 $0
2024 $0
2025 $0
2026 $0
All Funds, Five-Year Impact:
2022 ($19,954,744) ($761,083) ($5,500) ($317,871)
2023 $0 $0 $0 $0
2024 $0 $0 $0 $0
2025 $0 $0 $0 $0
2026 $0 $0 $0 $0
Fiscal Analysis
The bill would make appropriations in the 2022-23 biennium from the General Revenue Fund, State Highway Fund, GR Account - Lottery, and GR Account - Designated Trauma Facilities and EMS, to pay miscellaneous claims and judgments against the state.The bill would take effect September 1, 2021.
Methodology
The costs in the above tables represent the increased appropriation authority in fiscal year 2022 to pay the specific claims and judgments listed in this bill. Costs to the General Revenue Fund in the above tables represent only payments for claim amounts and do not include additional interest payments, as the final payment date is unknown at this time. Assuming September 1, 2021 as the final payment date, the state would need to pay an additional $124,887.82 in interest.
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, KK, SD
JMc, KK, SD