LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION May 1, 2023 TO: Honorable Terry Canales, Chair, House Committee on Transportation FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB4483 by Lozano (relating to a study by the Texas A&M Transportation Institute regarding the economic impact of navigation districts on the state and local economies.), Committee Report 1st House, Substituted Estimated Two-year Net Impact to General Revenue Related Funds for HB4483, Committee Report 1st House, Substituted : a negative impact of ($536,500) through the biennium ending August 31, 2025. 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 Funds2024($405,200)2025($131,300)2026$02027$02028$0All Funds, Five-Year Impact: Fiscal Year Probable Savings/(Cost) fromGeneral Revenue Fund12024($405,200)2025($131,300)2026$02027$02028$0 Fiscal AnalysisThe bill would require the Texas A&M Transportation Institute (TTI) to conduct a study to examine the economic impact and potential for economic growth of navigation districts in the state.
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION
May 1, 2023
TO: Honorable Terry Canales, Chair, House Committee on Transportation FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB4483 by Lozano (relating to a study by the Texas A&M Transportation Institute regarding the economic impact of navigation districts on the state and local economies.), Committee Report 1st House, Substituted
TO: Honorable Terry Canales, Chair, House Committee on Transportation
FROM: Jerry McGinty, Director, Legislative Budget Board
IN RE: HB4483 by Lozano (relating to a study by the Texas A&M Transportation Institute regarding the economic impact of navigation districts on the state and local economies.), Committee Report 1st House, Substituted
Honorable Terry Canales, Chair, House Committee on Transportation
Honorable Terry Canales, Chair, House Committee on Transportation
Jerry McGinty, Director, Legislative Budget Board
Jerry McGinty, Director, Legislative Budget Board
HB4483 by Lozano (relating to a study by the Texas A&M Transportation Institute regarding the economic impact of navigation districts on the state and local economies.), Committee Report 1st House, Substituted
HB4483 by Lozano (relating to a study by the Texas A&M Transportation Institute regarding the economic impact of navigation districts on the state and local economies.), Committee Report 1st House, Substituted
Estimated Two-year Net Impact to General Revenue Related Funds for HB4483, Committee Report 1st House, Substituted : a negative impact of ($536,500) through the biennium ending August 31, 2025. 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 HB4483, Committee Report 1st House, Substituted : a negative impact of ($536,500) through the biennium ending August 31, 2025. 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:
2024 ($405,200)
2025 ($131,300)
2026 $0
2027 $0
2028 $0
All Funds, Five-Year Impact:
2024 ($405,200)
2025 ($131,300)
2026 $0
2027 $0
2028 $0
Fiscal Analysis
The bill would require the Texas A&M Transportation Institute (TTI) to conduct a study to examine the economic impact and potential for economic growth of navigation districts in the state.
Methodology
TTI researchers are compensated on an hourly basis for work performed. TTI estimates that compensating researchers to conduct the study and write the report required by the bill, would cost $400,000 in fiscal year 2024 and $125,000 in fiscal year 2025. TTI estimates travel costs associated with conducting the study at $1,200 in fiscal year 2024 and $800 in fiscal year 2025, as well as associated other expenses at $4,000 in fiscal year 2024 and $5,500 in fiscal year 2025.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.
Source Agencies: b > td > 727 Texas A&M Transportation Institute
727 Texas A&M Transportation Institute
LBB Staff: b > td > JMc, AAL, CMA, DPE
JMc, AAL, CMA, DPE