LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION March 18, 2009 TO: Honorable Joe Deshotel, Chair, House Committee on Business & Industry FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:HB2235 by Giddings (Relating to business entities and associations.), As Introduced No significant fiscal implication to the State is anticipated. The bill would amend parts of the Business Organizations Code, Business & Commerce Code, Texas Professional Association Act, and Texas Revised Limited Partnership Act. The bill would repeal Section 2.006 of the Business Organizations Code regarding permissible purposes of for-profit corporations related to railroads. Local Government Impact No significant fiscal implication to units of local government is anticipated. Source Agencies:304 Comptroller of Public Accounts, 307 Secretary of State LBB Staff: JOB, JRO, MS, BTA LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION March 18, 2009 TO: Honorable Joe Deshotel, Chair, House Committee on Business & Industry FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:HB2235 by Giddings (Relating to business entities and associations.), As Introduced TO: Honorable Joe Deshotel, Chair, House Committee on Business & Industry FROM: John S. O'Brien, Director, Legislative Budget Board IN RE: HB2235 by Giddings (Relating to business entities and associations.), As Introduced Honorable Joe Deshotel, Chair, House Committee on Business & Industry Honorable Joe Deshotel, Chair, House Committee on Business & Industry John S. O'Brien, Director, Legislative Budget Board John S. O'Brien, Director, Legislative Budget Board HB2235 by Giddings (Relating to business entities and associations.), As Introduced HB2235 by Giddings (Relating to business entities and associations.), As Introduced No significant fiscal implication to the State is anticipated. No significant fiscal implication to the State is anticipated. The bill would amend parts of the Business Organizations Code, Business & Commerce Code, Texas Professional Association Act, and Texas Revised Limited Partnership Act. The bill would repeal Section 2.006 of the Business Organizations Code regarding permissible purposes of for-profit corporations related to railroads. Local Government Impact No significant fiscal implication to units of local government is anticipated. Source Agencies: 304 Comptroller of Public Accounts, 307 Secretary of State 304 Comptroller of Public Accounts, 307 Secretary of State LBB Staff: JOB, JRO, MS, BTA JOB, JRO, MS, BTA