LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION April 13, 2009 TO: Honorable Todd Smith, Chair, House Committee on Elections FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:HB2525 by Smith, Todd (Relating to political expenditures made by a corporation or labor organization to finance the establishment and administration of a political committee.), As Introduced No significant fiscal implication to the State is anticipated. The bill would amend the Election Code regarding political expenditures from certain organizations. The Ethics Commission indicates that any additional cost associated with the implementation of the bill could be absorbed within existing state resources. Local Government Impact No significant fiscal implication to units of local government is anticipated. Source Agencies:356 Texas Ethics Commission LBB Staff: JOB, TP, JM LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION April 13, 2009 TO: Honorable Todd Smith, Chair, House Committee on Elections FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:HB2525 by Smith, Todd (Relating to political expenditures made by a corporation or labor organization to finance the establishment and administration of a political committee.), As Introduced TO: Honorable Todd Smith, Chair, House Committee on Elections FROM: John S. O'Brien, Director, Legislative Budget Board IN RE: HB2525 by Smith, Todd (Relating to political expenditures made by a corporation or labor organization to finance the establishment and administration of a political committee.), As Introduced 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 HB2525 by Smith, Todd (Relating to political expenditures made by a corporation or labor organization to finance the establishment and administration of a political committee.), As Introduced HB2525 by Smith, Todd (Relating to political expenditures made by a corporation or labor organization to finance the establishment and administration of a political committee.), As Introduced No significant fiscal implication to the State is anticipated. No significant fiscal implication to the State is anticipated. The bill would amend the Election Code regarding political expenditures from certain organizations. The Ethics Commission indicates that any additional cost associated with the implementation of the bill could be absorbed within existing state resources. Local Government Impact No significant fiscal implication to units of local government is anticipated. Source Agencies: 356 Texas Ethics Commission 356 Texas Ethics Commission LBB Staff: JOB, TP, JM JOB, TP, JM