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:HB391 by Villarreal (Relating to limits on political contributions and direct campaign expenditures by individuals, partnerships, partners, and limited liability companies; providing civil and criminal penalties.), As Introduced No significant fiscal implication to the State is anticipated. The bill would amend the Election Code regarding limits on political contributions and direct campaign expenditures. It is assumed 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:HB391 by Villarreal (Relating to limits on political contributions and direct campaign expenditures by individuals, partnerships, partners, and limited liability companies; providing civil and criminal penalties.), As Introduced TO: Honorable Todd Smith, Chair, House Committee on Elections FROM: John S. O'Brien, Director, Legislative Budget Board IN RE: HB391 by Villarreal (Relating to limits on political contributions and direct campaign expenditures by individuals, partnerships, partners, and limited liability companies; providing civil and criminal penalties.), 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 HB391 by Villarreal (Relating to limits on political contributions and direct campaign expenditures by individuals, partnerships, partners, and limited liability companies; providing civil and criminal penalties.), As Introduced HB391 by Villarreal (Relating to limits on political contributions and direct campaign expenditures by individuals, partnerships, partners, and limited liability companies; providing civil and criminal penalties.), 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 limits on political contributions and direct campaign expenditures. It is assumed 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