LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION May 22, 2009 TO: Honorable Robert Duncan, Chair, Senate Committee on State Affairs 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 Engrossed 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, KJG, TP, JM
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION
May 22, 2009
TO: Honorable Robert Duncan, Chair, Senate Committee on State Affairs 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 Engrossed
TO: Honorable Robert Duncan, Chair, Senate Committee on State Affairs
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 Engrossed
Honorable Robert Duncan, Chair, Senate Committee on State Affairs
Honorable Robert Duncan, Chair, Senate Committee on State Affairs
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 Engrossed
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 Engrossed
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, KJG, TP, JM
JOB, KJG, TP, JM