Fiscal Note
SB0240 - Litigation Fund Restricted Account for Highway Projects
State Impact:
Enactment of this bill will create a new General Fund restricted account called the Litigation Fund for Highway Projects Account and will appropriate $5,000,000 from one-time General Funds for FY 2008 to the restricted account. The transfer of General Fund resources into the restricted account will reduce the spending cap by the amount of transfer. Future spending from the restricted account will not be subject to the spending limit.
| Funding Source | FY 2007 Approp. | FY 2008 Approp. | FY 2009 Approp. | FY 2007 Revenue | FY 2008 Revenue | FY 2009 Revenue |
| General Fund, One-Time | $0 | $5,000,000 | $0 | $0 | $0 | $0 |
| General Fund Restricted | $0 | $0 | $0 | $0 | $5,000,000 | $0 |
| Total | $0 | $5,000,000 | $0 | $0 | $5,000,000 | $0 |
Individual, Business and/or Local Impact:
Enactment of this bill likely will not result in direct, measurable costs and/or benefits for individuals, businesses, or local governments.
| 2/6/2007, 12:31:53 PM, Lead Analyst: Allred, S. | Office of the Legislative Fiscal Analyst |