Supplement: TX HB2 | 2021-2022 | 87th Legislature | Fiscal Note (Enrolled)
For additional supplements on Texas HB2 please see the Bill Drafting List
Bill Title: Relating to making supplemental appropriations and reductions in appropriations and giving direction and adjustment authority regarding appropriations.
Status: 2021-06-18 - Effective immediately [HB2 Detail]
Download: Texas-2021-HB2-Fiscal_Note_Enrolled_.html
Bill Title: Relating to making supplemental appropriations and reductions in appropriations and giving direction and adjustment authority regarding appropriations.
Status: 2021-06-18 - Effective immediately [HB2 Detail]
Download: Texas-2021-HB2-Fiscal_Note_Enrolled_.html
| TO: |
Honorable Dade Phelan, Speaker of the House, House of Representatives |
| FROM: |
Jerry McGinty, Director, Legislative Budget Board
|
| IN RE: |
HB2 by Bonnen (Relating to making supplemental appropriations and reductions in appropriations and giving direction and adjustment authority regarding appropriations.), As Passed 2nd House |
Estimated Two-year Net Impact to General Revenue Related Funds for HB2, As Passed 2nd House : a positive impact of $5,113,757,961 through the biennium ending August 31, 2023.
The bill's provisions would result in a net decrease of ($69,420,116) to the estimate of General
Revenue Related funds available for certification in the Revised Biennial Revenue Estimate.
Revenue Related funds available for certification in the Revised Biennial Revenue Estimate.
Combining this increase with estimates of the related fiscal year 2020 lapses not included in the bill would result in a net 2020–21 biennial certification savings of $1,730,172,241 over estimates in the Revised Biennial Revenue Estimate.
Appropriations:
| Fiscal Year | Appropriation out of General Revenue Fund 1 | Appropriation out of General Revenue Dedicated Accounts | Appropriation out of Federal Funds 8902 | Appropriation out of Tx Dept of Motor Vehicles Fnd 10 |
|---|---|---|---|---|
| 2021 | ($5,113,757,961) | $30,929,649 | $562,449,718 | $13,044,036 |
| 2022 | $0 | $0 | $0 | $0 |
| 2023 | $0 | $0 | $0 | $0 |
| Fiscal Year | Appropriation out of Economic Stabilization Fund 599 | Appropriation out of State Highway Fund 6 | Appropriation out of TPFA Master Lease Prj Fund 735 | Appropriation out of Telecommunications Revolving - AR 8123 |
|---|---|---|---|---|
| 2021 | $531,070,462 | $510,390,655 | $30,000 | $827,125 |
| 2022 | $0 | $0 | $0 | $0 |
| 2023 | $0 | $0 | $0 | $0 |
| Fiscal Year | Appropriation out of Telecommunications Revolving - IAC 8125 | Appropriation out of Statewide Technology Account - IAC 8126 | Appropriation out of Statewide Network Apps Acct - AR 8143 | Appropriation out of Revenue Bond Proceeds 8226 |
|---|---|---|---|---|
| 2021 | $56,728 | $229,982 | $39,595 | $23,719,160 |
| 2022 | $0 | $0 | $0 | $0 |
| 2023 | $0 | $0 | $0 | $0 |
| Fiscal Year | Appropriation out of Interagency Contracts | Appropriation out of DIR Clearing Fund Account 8122 | Appropriation out of Other Special State Funds | Appropriation out of Appropriated Receipts |
|---|---|---|---|---|
| 2021 | $8,651,468 | $581,051 | $14,280,000 | $9,049,259 |
| 2022 | $0 | $0 | $0 | $0 |
| 2023 | $0 | $0 | $0 | $0 |
General Revenue-Related Funds, Six- Year Impact:
| Fiscal Year | Probable Net Positive/(Negative) Impact to General Revenue Related Funds |
|---|---|
| 2021 | $5,113,757,961 |
| 2022 | $0 |
| 2023 | $0 |
| 2024 | $0 |
| 2025 | $0 |
| 2026 | $0 |
All Funds, Six-Year Impact:
| Fiscal Year | Probable Savings from General Revenue Fund 1 | Probable (Cost) from Various General Revenue Dedicated | Probable (Cost) from Federal Funds 8902 | Probable (Cost) from Tx Dept of Motor Vehicles Fnd 10 |
|---|---|---|---|---|
| 2021 | $5,113,757,961 | ($30,929,649) | ($562,449,718) | ($13,044,036) |
| 2022 | $0 | $0 | $0 | $0 |
| 2023 | $0 | $0 | $0 | $0 |
| 2024 | $0 | $0 | $0 | $0 |
| 2025 | $0 | $0 | $0 | $0 |
| 2026 | $0 | $0 | $0 | $0 |
| Fiscal Year | Probable (Cost) from Economic Stabilization Fund 599 | Probable Revenue (Loss) from Economic Stabilization Fund 599 | Probable (Cost) from State Highway Fund 6 | Probable (Cost) from TPFA Master Lease Prj Fund 735 |
|---|---|---|---|---|
| 2021 | ($531,070,462) | ($398,538) | ($510,390,655) | ($30,000) |
| 2022 | $0 | ($7,663,000) | $0 | $0 |
| 2023 | $0 | ($8,732,000) | $0 | $0 |
| 2024 | $0 | ($8,860,000) | $0 | $0 |
| 2025 | $0 | ($8,990,000) | $0 | $0 |
| 2026 | $0 | ($8,953,000) | $0 | $0 |
| Fiscal Year | Probable (Cost) from DIR Clearing Fund Account 8122 | Probable (Cost) from Telecommunications Revolving - AR 8123 | Probable (Cost) from Telecommunications Revolving - IAC 8125 | Probable (Cost) from Statewide Technology Account - IAC 8126 |
|---|---|---|---|---|
| 2021 | ($581,051) | ($827,125) | ($56,728) | ($229,982) |
| 2022 | $0 | $0 | $0 | $0 |
| 2023 | $0 | $0 | $0 | $0 |
| 2024 | $0 | $0 | $0 | $0 |
| 2025 | $0 | $0 | $0 | $0 |
| 2026 | $0 | $0 | $0 | $0 |
| Fiscal Year | Probable (Cost) from Statewide Network Apps Acct - AR 8143 | Probable (Cost) from Revenue Bond Proceeds 8226 | Probable (Cost) from Interagency Contracts | Probable (Cost) from Other Special State Funds |
|---|---|---|---|---|
| 2021 | ($39,595) | ($23,719,160) | ($8,651,468) | ($14,280,000) |
| 2022 | $0 | $0 | $0 | $0 |
| 2023 | $0 | $0 | $0 | $0 |
| 2024 | $0 | $0 | $0 | $0 |
| 2025 | $0 | $0 | $0 | $0 |
| 2026 | $0 | $0 | $0 | $0 |
| Fiscal Year | Probable (Cost) from Appropriated Receipts |
|---|---|
| 2021 | ($9,049,259) |
| 2022 | $0 |
| 2023 | $0 |
| 2024 | $0 |
| 2025 | $0 |
| 2026 | $0 |
Fiscal Analysis
The bill would make supplemental appropriations, reductions in appropriations, and give direction and adjustment authority regarding appropriations.
The bill would make net appropriations reductions of $5,113,757,961 from General Revenue Fund Account 0001 . The bill would make net appropriations increases of $30,929,649 from General Revenue-Dedicated accounts.
The bill would increase appropriations from the Economic Stabilization Fund by $531,070,462.
The bill would make net appropriations reductions of $5,113,757,961 from General Revenue Fund Account 0001 . The bill would make net appropriations increases of $30,929,649 from General Revenue-Dedicated accounts.
The bill would increase appropriations from the Economic Stabilization Fund by $531,070,462.
The bill would increase appropriations from other funds, federal funds, and accounts not mentioned above by $1,143,348,777.
The bill would take effect immediately as provided for a general appropriations act under Section 39, Article III, Texas Constitution. Sections of the bill that authorize appropriations or reauthorization of existing appropriations from the Economic Stabilization Fund take effect only if this bill receives a vote of two-thirds of the members present in each house of the Legislature, as provided by Section 49-g(m), Article III, Texas Constitution.
The bill would take effect immediately as provided for a general appropriations act under Section 39, Article III, Texas Constitution. Sections of the bill that authorize appropriations or reauthorization of existing appropriations from the Economic Stabilization Fund take effect only if this bill receives a vote of two-thirds of the members present in each house of the Legislature, as provided by Section 49-g(m), Article III, Texas Constitution.
Methodology
The appropriation reduction at the Texas Education Agency related to the Foundation School Program was accounted for in the Comptroller's May 2021 Revised Biennial Revenue Estimate (RBRE). The remaining increase in revenue available for certification relative to the RBRE comes from appropriation reductions and fiscal year 2020 lapses not accounted for in the RBRE.
The Comptroller indicates there would be a loss of interest and investment income from the Economic Stabilization Fund resulting from the amounts appropriated from the ESF not being available for investment purposes.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.
| Source Agencies: | 304 Comptroller of Public Accounts |
| LBB Staff: | JMc, SD, KK |
