Supplement: TX SB1605 | 2021-2022 | 87th Legislature | Fiscal Note (Engrossed)
For additional supplements on Texas SB1605 please see the Bill Drafting List
Bill Title: Relating to directing payment, after approval, of certain miscellaneous claims and judgments against the state out of funds designated by this Act; making appropriations.
Status: 2021-06-18 - Effective on 9/1/21 [SB1605 Detail]
Download: Texas-2021-SB1605-Fiscal_Note_Engrossed_.html
Bill Title: Relating to directing payment, after approval, of certain miscellaneous claims and judgments against the state out of funds designated by this Act; making appropriations.
Status: 2021-06-18 - Effective on 9/1/21 [SB1605 Detail]
Download: Texas-2021-SB1605-Fiscal_Note_Engrossed_.html
| TO: |
Honorable Greg Bonnen, Chair, House Committee on Appropriations |
| 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 Engrossed |
Estimated Two-year Net Impact to General Revenue Related Funds for SB1605, As Engrossed : a negative impact of ($19,954,744) through the biennium ending August 31, 2023.
Appropriations:
| Fiscal Year | Appropriation out of General Revenue Fund 1 | Appropriation out of State Highway Fund 6 | Appropriation out of Lottery Acct 5025 | Appropriation out of Trauma Facility And Ems 5111 |
|---|---|---|---|---|
| 2022 | $19,954,744 | $761,083 | $5,500 | $317,871 |
| 2023 | $0 | $0 | $0 | $0 |
General Revenue-Related Funds, Five- Year Impact:
| Fiscal Year | Probable Net Positive/(Negative) Impact to General Revenue Related Funds |
|---|---|
| 2022 | ($19,954,744) |
| 2023 | $0 |
| 2024 | $0 |
| 2025 | $0 |
| 2026 | $0 |
All Funds, Five-Year Impact:
| Fiscal Year | Probable (Cost) from General Revenue Fund 1 | Probable (Cost) from State Highway Fund 6 | Probable (Cost) from Lottery Acct 5025 | Probable (Cost) from Trauma Facility And Ems 5111 |
|---|---|---|---|---|
| 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.
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.
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: | 304 Comptroller of Public Accounts |
| LBB Staff: | JMc, KK, SD |
