LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 89TH LEGISLATIVE REGULAR SESSION March 28, 2025 TO: Honorable Robert Nichols, Chair, Senate Committee on Transportation FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: SB1939 by Hinojosa, Juan "Chuy" (relating to the ship channel improvement revolving fund.), Committee Report 1st House, Substituted No significant fiscal implication to the State is anticipated. It is assumed that any revenue implications associated with the bill would be insignificant.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.Note: This legislation would add the Ship Channel Improvement Revolving Fund account to the statutory list in Government Code, Section 403.0956, of General Revenue dedicated accounts, the interest or earnings on which do not accrue to the General Revenue Fund. By amending Transportation Code 56.002(a), the bill would move the account into the State Highway Fund, which is a constitutional fund held outside of the General Revenue Fund. Government Code, Section 403.0956, does not apply to funds outside of the General Revenue Fund, such as the State Highway Fund and any accounts within the State Highway Fund. Local Government ImpactNo fiscal implication to units of local government is anticipated. Source Agencies: b > td > 304 Comptroller of Public Accounts, 601 Department of Transportation LBB Staff: b > td > JMc, AAL, TG, GDZ
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 89TH LEGISLATIVE REGULAR SESSION
March 28, 2025
TO: Honorable Robert Nichols, Chair, Senate Committee on Transportation FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: SB1939 by Hinojosa, Juan "Chuy" (relating to the ship channel improvement revolving fund.), Committee Report 1st House, Substituted
TO: Honorable Robert Nichols, Chair, Senate Committee on Transportation
FROM: Jerry McGinty, Director, Legislative Budget Board
IN RE: SB1939 by Hinojosa, Juan "Chuy" (relating to the ship channel improvement revolving fund.), Committee Report 1st House, Substituted
Honorable Robert Nichols, Chair, Senate Committee on Transportation
Honorable Robert Nichols, Chair, Senate Committee on Transportation
Jerry McGinty, Director, Legislative Budget Board
Jerry McGinty, Director, Legislative Budget Board
SB1939 by Hinojosa, Juan "Chuy" (relating to the ship channel improvement revolving fund.), Committee Report 1st House, Substituted
SB1939 by Hinojosa, Juan "Chuy" (relating to the ship channel improvement revolving fund.), Committee Report 1st House, Substituted
No significant fiscal implication to the State is anticipated.
No significant fiscal implication to the State is anticipated.
It is assumed that any revenue implications associated with the bill would be insignificant.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.Note: This legislation would add the Ship Channel Improvement Revolving Fund account to the statutory list in Government Code, Section 403.0956, of General Revenue dedicated accounts, the interest or earnings on which do not accrue to the General Revenue Fund. By amending Transportation Code 56.002(a), the bill would move the account into the State Highway Fund, which is a constitutional fund held outside of the General Revenue Fund. Government Code, Section 403.0956, does not apply to funds outside of the General Revenue Fund, such as the State Highway Fund and any accounts within the State Highway 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.
Note: This legislation would add the Ship Channel Improvement Revolving Fund account to the statutory list in Government Code, Section 403.0956, of General Revenue dedicated accounts, the interest or earnings on which do not accrue to the General Revenue Fund. By amending Transportation Code 56.002(a), the bill would move the account into the State Highway Fund, which is a constitutional fund held outside of the General Revenue Fund. Government Code, Section 403.0956, does not apply to funds outside of the General Revenue Fund, such as the State Highway Fund and any accounts within the State Highway Fund.
Local Government Impact
No fiscal implication to units of local government is anticipated.
Source Agencies: b > td > 304 Comptroller of Public Accounts, 601 Department of Transportation
304 Comptroller of Public Accounts, 601 Department of Transportation
LBB Staff: b > td > JMc, AAL, TG, GDZ
JMc, AAL, TG, GDZ