LEGISLATIVE FISCAL OFFICE
Fiscal Note
Fiscal Note On: HB 6 HLS 201ES 11
Bill Text Version: ENROLLED
Opp. Chamb. Action:
Proposed Amd.:
Sub. Bill For.:
Date: July 6, 2020 10:07 AM Author: IVEY
Dept./Agy.: Statewide
Subject: State Cybersecurity and Information Technology Fund Analyst: Alan M. Boxberger
FUNDS/FUNDING EN SEE FISC NOTE SD EX See Note Page 1 of 1
Establishes the State Cybersecurity and Information Technology Fund and dedicates revenues to the fund (Items #10 and
#11)
Proposed law establishes the State Cybersecurity and Information Technology Fund as a special fund in the state treasury.
Proposed law authorizes money in the fund to be invested by the treasurer and directs that any interest earned on
investment of the fund corpus be reinvested into the fund. Proposed law provides that money appropriated from the fund
shall be expended solely for direct, project-related expenses to enhance or upgrade the state’s information technology
infrastructure or cybersecurity needs. Proposed law provides for the duties of the Joint Legislative Committee on Technology
and Cybersecurity.
EXPENDITURES 2020-21 2021-22 2022-23 2023-24 2024-25 5 -YEAR TOTAL
State Gen. Fd. SEE BELOW SEE BELOW SEE BELOW SEE BELOW SEE BELOW
Agy. Self-Gen. $0 $0 $0 $0 $0 $0
Ded./Other SEE BELOW SEE BELOW SEE BELOW SEE BELOW SEE BELOW
Federal Funds $0 $0 $0 $0 $0 $0
Local Funds $0 $0 $0 $0 $0 $0
Annual Total
REVENUES 2020-21 2021-22 2022-23 2023-24 2024-25 5 -YEAR TOTAL
State Gen. Fd. $0 $0 $0 $0 $0 $0
Agy. Self-Gen. $0 $0 $0 $0 $0 $0
Ded./Other $0 $0 $0 $0 $0 $0
Federal Funds $0 $0 $0 $0 $0 $0
Local Funds $0 $0 $0 $0 $0 $0
Annual Total $0 $0 $0 $0 $0 $0
EXPENDITURE EXPLANATION
There is no anticipated direct material effect on governmental expenditures as a result of this measure. This measure
establishes the State Cybersecurity and Information Technology Fund, but does not identify or provide for a recurring source
of revenue. Proposed law may increase state expenditures to the degree that the legislature appropriates monies into the
newly created State Cybersecurity and Information Technology Fund, identifies a recurring revenue source, or monies
designated for the fund from donations, gifts, grants or other revenues are deposited.
To the extent monies are appropriated to the fund, these funds will be expended solely for support of projects to enhance or
upgrade the state’s information technology infrastructure or cybersecurity needs.
Proposed law provides for the duties and powers of the Joint Legislative Committee on Technology and Cybersecurity. To
the degree that such a committee might be formed and meet outside of scheduled legislative sessions, the legislature may
incur additional per diem and travel expenditures. The legislative member per diem rate is $161 and the mileage
reimbursement rate is $0.575/mile. The number of members that would serve on the Committee and the frequency of
potential meetings is unknown, therefore the potential expenditure impact is indeterminable. Legislative expenditures are
paid from the SGF.
Creating a new statutory dedication within the state treasury will result in a marginal workload increase for the Department
of Treasury, which can generally be absorbed within existing resources. However, to the extent other legislative instruments
create new statutory dedications, there may be material additional costs associated with the aggregate effort to administer
these funds. The Treasury performs fund accounting, financial reporting, banking and custodial functions for 404 special
funds. When unable to absorb additional workload with existing resources, the treasury anticipates that it will be required to
add one T.O. position at a total personal services cost of approximately $71,000 plus approximately $2,450 for a one-time
purchase of office equipment. These expenditures are assumed to be SGF in this fiscal note.
REVENUE EXPLANATION
There is no anticipated direct material effect on governmental revenues as a result of this measure.
Senate Dual Referral Rules House
13.5.1 >= $100,000 Annual Fiscal Cost {S & H} 6.8(F)(1) >= $100,000 SGF Fiscal Cost {H & S}
13.5.2 >= $500,000 Annual Tax or Fee Gregory V. Albrecht
6.8(G) >= $500,000 Tax or Fee Increase
Change {S & H} or a Net Fee Decrease {S} Chief Economist