LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 89TH LEGISLATIVE REGULAR SESSION March 26, 2025 TO: Honorable Will Metcalf, Chair, House Committee on Culture, Recreation & Tourism FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB1781 by Gonzlez, Mary (Relating to the Texas Livestock and Rodeo Education and Continuation Grant Program.), As Introduced There would be an indeterminate cost to the state dependent on the amount of appropriations, gifts, grants, or interest earned on the fund. The bill establishes the Texas Livestock and Rodeo Education and Continuation Fund outside the state treasury to be held in trust by the Comptroller. The fund consists of money appropriated, credited, or transferred by the legislature; gifts or grants contributed; and interest earned on deposits and investments of the fund. The fund may only be used to implement the Texas Livestock and Rodeo Education and Continuation Grant Program, including the costs of grant program administration and operation.The bill authorizes the Comptroller, at the direction of the Texas Livestock and Rodeo Education and Continuation Board, to disburse money from the fund without appropriation, to county fairs and local rodeos for the purpose of providing certain assistance. The Comptroller, in consultation with the board, would adopt rules as necessary to implement the bill.The bill describes the board structure, member requirements and terms, and meeting frequency, and requires the board to establish and administer the grant program. The bill lists certain requirements for recipients and awards. It grants the board rulemaking authority and requires it to employ officers and employees as necessary. It requires the board to prepare a biennial report on the status of the fund and grant program.The Comptroller assumes four full-time equivalent (4.0 FTEs) positions totaling $356,000 per fiscal year would be required to implement the bill, as well as one-time technology costs of $324,000 to implement a new grant system. This analysis assumes that all administrative costs would be paid out of the Texas Livestock and Rodeo Education and Continuation Fund.Note: This legislation would do one or more of the following: create or recreate a dedicated account in the General Revenue Fund, create or recreate a special or trust fund either in, with, or outside the Treasury, or create a dedicated revenue source. The fund, account, or revenue dedication included in this bill would be subject to funds consolidation review by the current Legislature. Local Government ImpactThe fiscal implications of the bill cannot be determined at this time. Source Agencies: b > td > 300 Trusteed Programs Within the Office of the Governor, 304 Comptroller of Public Accounts LBB Staff: b > td > JMc, TUf, LCO, CSmi
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 89TH LEGISLATIVE REGULAR SESSION
March 26, 2025
TO: Honorable Will Metcalf, Chair, House Committee on Culture, Recreation & Tourism FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB1781 by Gonzlez, Mary (Relating to the Texas Livestock and Rodeo Education and Continuation Grant Program.), As Introduced
TO: Honorable Will Metcalf, Chair, House Committee on Culture, Recreation & Tourism
FROM: Jerry McGinty, Director, Legislative Budget Board
IN RE: HB1781 by Gonzlez, Mary (Relating to the Texas Livestock and Rodeo Education and Continuation Grant Program.), As Introduced
Honorable Will Metcalf, Chair, House Committee on Culture, Recreation & Tourism
Honorable Will Metcalf, Chair, House Committee on Culture, Recreation & Tourism
Jerry McGinty, Director, Legislative Budget Board
Jerry McGinty, Director, Legislative Budget Board
HB1781 by Gonzlez, Mary (Relating to the Texas Livestock and Rodeo Education and Continuation Grant Program.), As Introduced
HB1781 by Gonzlez, Mary (Relating to the Texas Livestock and Rodeo Education and Continuation Grant Program.), As Introduced
There would be an indeterminate cost to the state dependent on the amount of appropriations, gifts, grants, or interest earned on the fund.
There would be an indeterminate cost to the state dependent on the amount of appropriations, gifts, grants, or interest earned on the fund.
The bill establishes the Texas Livestock and Rodeo Education and Continuation Fund outside the state treasury to be held in trust by the Comptroller. The fund consists of money appropriated, credited, or transferred by the legislature; gifts or grants contributed; and interest earned on deposits and investments of the fund. The fund may only be used to implement the Texas Livestock and Rodeo Education and Continuation Grant Program, including the costs of grant program administration and operation.The bill authorizes the Comptroller, at the direction of the Texas Livestock and Rodeo Education and Continuation Board, to disburse money from the fund without appropriation, to county fairs and local rodeos for the purpose of providing certain assistance. The Comptroller, in consultation with the board, would adopt rules as necessary to implement the bill.The bill describes the board structure, member requirements and terms, and meeting frequency, and requires the board to establish and administer the grant program. The bill lists certain requirements for recipients and awards. It grants the board rulemaking authority and requires it to employ officers and employees as necessary. It requires the board to prepare a biennial report on the status of the fund and grant program.The Comptroller assumes four full-time equivalent (4.0 FTEs) positions totaling $356,000 per fiscal year would be required to implement the bill, as well as one-time technology costs of $324,000 to implement a new grant system. This analysis assumes that all administrative costs would be paid out of the Texas Livestock and Rodeo Education and Continuation Fund.Note: This legislation would do one or more of the following: create or recreate a dedicated account in the General Revenue Fund, create or recreate a special or trust fund either in, with, or outside the Treasury, or create a dedicated revenue source. The fund, account, or revenue dedication included in this bill would be subject to funds consolidation review by the current Legislature.
The Comptroller assumes four full-time equivalent (4.0 FTEs) positions totaling $356,000 per fiscal year would be required to implement the bill, as well as one-time technology costs of $324,000 to implement a new grant system. This analysis assumes that all administrative costs would be paid out of the Texas Livestock and Rodeo Education and Continuation Fund.Note: This legislation would do one or more of the following: create or recreate a dedicated account in the General Revenue Fund, create or recreate a special or trust fund either in, with, or outside the Treasury, or create a dedicated revenue source. The fund, account, or revenue dedication included in this bill would be subject to funds consolidation review by the current Legislature.
Local Government Impact
The fiscal implications of the bill cannot be determined at this time.
Source Agencies: b > td > 300 Trusteed Programs Within the Office of the Governor, 304 Comptroller of Public Accounts
300 Trusteed Programs Within the Office of the Governor, 304 Comptroller of Public Accounts
LBB Staff: b > td > JMc, TUf, LCO, CSmi
JMc, TUf, LCO, CSmi