LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION May 5, 2009 TO: Honorable Todd Smith, Chair, House Committee on Elections FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:HB2511 by Smith, Todd (Relating to political contributions and expenditures; providing criminal penalties.), Committee Report 1st House, Substituted No significant fiscal implication to the State is anticipated. This bill would amend statute related to political contributions to and political expenditures made by or on behalf of candidates, officeholders, and political committees. It is assumed that any additional costs associated with implementation of the bill could be absorbed in existing resources. Local Government Impact No significant fiscal implication to units of local government is anticipated. Source Agencies:356 Texas Ethics Commission, 701 Central Education Agency LBB Staff: JOB, TP, JM LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION May 5, 2009 TO: Honorable Todd Smith, Chair, House Committee on Elections FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:HB2511 by Smith, Todd (Relating to political contributions and expenditures; providing criminal penalties.), Committee Report 1st House, Substituted TO: Honorable Todd Smith, Chair, House Committee on Elections FROM: John S. O'Brien, Director, Legislative Budget Board IN RE: HB2511 by Smith, Todd (Relating to political contributions and expenditures; providing criminal penalties.), Committee Report 1st House, Substituted Honorable Todd Smith, Chair, House Committee on Elections Honorable Todd Smith, Chair, House Committee on Elections John S. O'Brien, Director, Legislative Budget Board John S. O'Brien, Director, Legislative Budget Board HB2511 by Smith, Todd (Relating to political contributions and expenditures; providing criminal penalties.), Committee Report 1st House, Substituted HB2511 by Smith, Todd (Relating to political contributions and expenditures; providing criminal penalties.), Committee Report 1st House, Substituted No significant fiscal implication to the State is anticipated. No significant fiscal implication to the State is anticipated. This bill would amend statute related to political contributions to and political expenditures made by or on behalf of candidates, officeholders, and political committees. It is assumed that any additional costs associated with implementation of the bill could be absorbed in existing resources. This bill would amend statute related to political contributions to and political expenditures made by or on behalf of candidates, officeholders, and political committees. It is assumed that any additional costs associated with implementation of the bill could be absorbed in existing resources. Local Government Impact No significant fiscal implication to units of local government is anticipated. Source Agencies: 356 Texas Ethics Commission, 701 Central Education Agency 356 Texas Ethics Commission, 701 Central Education Agency LBB Staff: JOB, TP, JM JOB, TP, JM