LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION March 10, 2009 TO: Honorable Mark Strama, Chair, House Committee on Technology, Economic Development & Workforce FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:HB394 by Rose (Relating to use of the money from the Texas Enterprise Fund to benefit small businesses. ), Committee Report 1st House, Substituted No significant fiscal implication to the State is anticipated. The bill provides that the Governor consider making grants from the Texas Enterprise Fund to small businesses in Texas that commit to creating additional jobs, or for the relocation of small businesses from outside the state. Local Government Impact No significant fiscal implication to units of local government is anticipated. Source Agencies:301 Office of the Governor LBB Staff: JOB, JRO, MS, BTA LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION March 10, 2009 TO: Honorable Mark Strama, Chair, House Committee on Technology, Economic Development & Workforce FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:HB394 by Rose (Relating to use of the money from the Texas Enterprise Fund to benefit small businesses. ), Committee Report 1st House, Substituted TO: Honorable Mark Strama, Chair, House Committee on Technology, Economic Development & Workforce FROM: John S. O'Brien, Director, Legislative Budget Board IN RE: HB394 by Rose (Relating to use of the money from the Texas Enterprise Fund to benefit small businesses. ), Committee Report 1st House, Substituted Honorable Mark Strama, Chair, House Committee on Technology, Economic Development & Workforce Honorable Mark Strama, Chair, House Committee on Technology, Economic Development & Workforce John S. O'Brien, Director, Legislative Budget Board John S. O'Brien, Director, Legislative Budget Board HB394 by Rose (Relating to use of the money from the Texas Enterprise Fund to benefit small businesses. ), Committee Report 1st House, Substituted HB394 by Rose (Relating to use of the money from the Texas Enterprise Fund to benefit small businesses. ), Committee Report 1st House, Substituted No significant fiscal implication to the State is anticipated. No significant fiscal implication to the State is anticipated. The bill provides that the Governor consider making grants from the Texas Enterprise Fund to small businesses in Texas that commit to creating additional jobs, or for the relocation of small businesses from outside the state. The bill provides that the Governor consider making grants from the Texas Enterprise Fund to small businesses in Texas that commit to creating additional jobs, or for the relocation of small businesses from outside the state. Local Government Impact No significant fiscal implication to units of local government is anticipated. Source Agencies: 301 Office of the Governor 301 Office of the Governor LBB Staff: JOB, JRO, MS, BTA JOB, JRO, MS, BTA