Fiscal Note
HB0426S04 - Government Procurement - Private Proposals
State Impact:
Enactment of this bill will require $20,000 for a 0.25 FTE economist position for the Governor's Office of Planning and Budget and $100,000 to staff the committee and to hire outside consultants. Revenue generated by fees set by the committee for private entities wishing to submit proposals will cover these costs of implementation. Actual costs and revenues associated with this bill will depend on the number of proposals submitted to the committee and the level to which the committee sets the fees.
| Funding Source | FY 2008 Approp. | FY 2009 Approp. | FY 2010 Approp. | FY 2008 Revenue | FY 2009 Revenue | FY 2010 Revenue |
| Restricted Funds | $0 | $120,000 | $120,000 | $0 | $120,000 | $120,000 |
| Total | $0 | $120,000 | $120,000 | $0 | $120,000 | $120,000 |
Individual, Business and/or Local Impact:
Enactment of this bill likely will not result in direct, measurable costs for individuals, businesses, or local governments; though businesses and individuals may benefit from increased opportunities to provide services to the State.
| 3/5/2008, 9:04:02 PM, Lead Analyst: Amon, R. | Office of the Legislative Fiscal Analyst |