LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION March 13, 2009 TO: Honorable Chris Harris, Chair, Senate Committee on Economic Development FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:SB500 by Shapiro (Relating to the powers, duties, and financing of cultural education facilities finance corporations.), As Introduced No fiscal implication to the State is anticipated. The bill would authorize various organizations to provide a cultural educational facility with financing for activities in which those entities are permitted to engage. Local Government Impact A cultural educational facility would experience a revenue gain that relates to the specific activities financed. No significant fiscal implication to units of local government is anticipated. Source Agencies: LBB Staff: JOB, JRO, DB
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION
March 13, 2009
TO: Honorable Chris Harris, Chair, Senate Committee on Economic Development FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:SB500 by Shapiro (Relating to the powers, duties, and financing of cultural education facilities finance corporations.), As Introduced
TO: Honorable Chris Harris, Chair, Senate Committee on Economic Development
FROM: John S. O'Brien, Director, Legislative Budget Board
IN RE: SB500 by Shapiro (Relating to the powers, duties, and financing of cultural education facilities finance corporations.), As Introduced
Honorable Chris Harris, Chair, Senate Committee on Economic Development
Honorable Chris Harris, Chair, Senate Committee on Economic Development
John S. O'Brien, Director, Legislative Budget Board
John S. O'Brien, Director, Legislative Budget Board
SB500 by Shapiro (Relating to the powers, duties, and financing of cultural education facilities finance corporations.), As Introduced
SB500 by Shapiro (Relating to the powers, duties, and financing of cultural education facilities finance corporations.), As Introduced
No fiscal implication to the State is anticipated.
No fiscal implication to the State is anticipated.
The bill would authorize various organizations to provide a cultural educational facility with financing for activities in which those entities are permitted to engage.
Local Government Impact
A cultural educational facility would experience a revenue gain that relates to the specific activities financed. No significant fiscal implication to units of local government is anticipated.
A cultural educational facility would experience a revenue gain that relates to the specific activities financed.
No significant fiscal implication to units of local government is anticipated.
Source Agencies:
LBB Staff: JOB, JRO, DB
JOB, JRO, DB