LEGISLATIVE SERVICES AGENCY OFFICE OF FISCAL AND MANAGEMENT ANALYSIS FISCAL IMPACT STATEMENT LS 6893 NOTE PREPARED: Mar 10, 2025 BILL NUMBER: HB 1289 BILL AMENDED: SUBJECT: Employment Social Enterprises. FIRST AUTHOR: Rep. Hamilton BILL STATUS: 2 nd Reading - 2 nd House FIRST SPONSOR: Sen. Crider FUNDS AFFECTED: GENERAL IMPACT: No Fiscal Impact DEDICATED FEDERAL Summary of Legislation: The bill defines "employment social enterprise" as a nonprofit or for-profit organization that meets certain criteria. It amends the definition of "workforce related program" to include a work-based learning program or transitional jobs program that: (1) is through an employment social enterprise; and (2) meets certain other criteria. Effective Date: July 1, 2025. Explanation of State Expenditures: Explanation of State Revenues: Explanation of Local Expenditures: Explanation of Local Revenues: State Agencies Affected: Local Agencies Affected: Information Sources: Fiscal Analyst: Camille Tesch, 317-232-5293. HB 1289 1