NOTE: As provided in LFC policy, this report is intended for use by the standing finance committees of the legislature.  The Legislative Finance Committee does not assume responsibility for the accuracy of the information in this report when used in any other situation.



Only the most recent FIR version, excluding attachments, is available on the Intranet. Previously issued FIRs and attachments may be obtained from the LFC office in Suite 101 of the State Capitol Building North.





F I S C A L I M P A C T R E P O R T



SPONSOR: Taylor, J.P. DATE TYPED: 02/01/00 HB 125
SHORT TITLE: Grants-in-Aid for Library Services SB
ANALYST: Valenzuela

APPROPRIATION



Appropriation Contained
Estimated Additional Impact
Recurring

or Non-Rec

Fund

Affected

FY00 FY01 FY00 FY01
$ 850.0 Recurring General Fund

(Parenthesis ( ) Indicate Expenditure Decreases)

SOURCES OF INFORMATION



LFC Files

Office of Cultural Affairs (OCA)



SUMMARY



Synopsis of Bill



House Bill 125 appropriates $850.0 in general fund to the Office of Cultural Affairs (OCA) to provide grants-in-aid for local library services. At the close of FY01, any remaining unexpended balance will revert to the general fund.



Significant Issues



The State Library Division of the Office of Cultural Affairs (OCA) provides $350.0 to public libraries throughout the state through a funding formula designed to seek equity in the distributions. Though not stated in the bill, the additional funding would probably be disbursed in accordance with this formula.



FISCAL IMPLICATIONS



HB125 appropriates $850.0 in general fund. Aside from the appropriation, the bill would have no additional fiscal impact because the agency already has a mechanism in place to distribute this funding.



ADMINISTRATIVE IMPLICATIONS



Enactment of House Bill 125 would have no administrative impact on the Office of Cultural Affairs. No additional resources would be required.



MFV/gm