LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION May 28, 2009 TO: Honorable Joe Straus, Speaker of the House, House of Representatives 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 Passed 2nd House 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, SZ, KJG, TP, JM
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION
May 28, 2009
TO: Honorable Joe Straus, Speaker of the House, House of Representatives 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 Passed 2nd House
TO: Honorable Joe Straus, Speaker of the House, House of Representatives
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 Passed 2nd House
Honorable Joe Straus, Speaker of the House, House of Representatives
Honorable Joe Straus, Speaker of the House, House of Representatives
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 Passed 2nd House
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 Passed 2nd House
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, SZ, KJG, TP, JM
JOB, SZ, KJG, TP, JM