LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION April 28, 2023 TO: Honorable Charles Schwertner, Chair, Senate Committee on Business & Commerce FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB1550 by Goldman (Relating to the continuation and functions of the Office of State-Federal Relations.), As Engrossed No significant fiscal implication to the State is anticipated. The bill would continue the Office of State Federal Relations (OSFR) for 12 years. The bill would repeal statutory provisions relating to OSFR's federal funds management. The bill would amend OSFR's annual reporting requirements to remove outdated provisions and require OSFR to post each annual report on its website.According to the Trusteed Programs and the Sunset Advisory Commission, no significant fiscal implications are anticipated from the provisions of the bill. Local Government ImpactNo significant fiscal implication to units of local government is anticipated. Source Agencies: b > td > 116 Sunset Advisory Commission, 300 Trusteed Programs Within the Office of the Governor LBB Staff: b > td > JMc, SZ, LCO, HGR LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION April 28, 2023 TO: Honorable Charles Schwertner, Chair, Senate Committee on Business & Commerce FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB1550 by Goldman (Relating to the continuation and functions of the Office of State-Federal Relations.), As Engrossed TO: Honorable Charles Schwertner, Chair, Senate Committee on Business & Commerce FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB1550 by Goldman (Relating to the continuation and functions of the Office of State-Federal Relations.), As Engrossed Honorable Charles Schwertner, Chair, Senate Committee on Business & Commerce Honorable Charles Schwertner, Chair, Senate Committee on Business & Commerce Jerry McGinty, Director, Legislative Budget Board Jerry McGinty, Director, Legislative Budget Board HB1550 by Goldman (Relating to the continuation and functions of the Office of State-Federal Relations.), As Engrossed HB1550 by Goldman (Relating to the continuation and functions of the Office of State-Federal Relations.), As Engrossed No significant fiscal implication to the State is anticipated. No significant fiscal implication to the State is anticipated. The bill would continue the Office of State Federal Relations (OSFR) for 12 years. The bill would repeal statutory provisions relating to OSFR's federal funds management. The bill would amend OSFR's annual reporting requirements to remove outdated provisions and require OSFR to post each annual report on its website.According to the Trusteed Programs and the Sunset Advisory Commission, no significant fiscal implications are anticipated from the provisions of the bill. Local Government Impact No significant fiscal implication to units of local government is anticipated. Source Agencies: b > td > 116 Sunset Advisory Commission, 300 Trusteed Programs Within the Office of the Governor 116 Sunset Advisory Commission, 300 Trusteed Programs Within the Office of the Governor LBB Staff: b > td > JMc, SZ, LCO, HGR JMc, SZ, LCO, HGR