LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION April 8, 2011 TO: Honorable John Davis, Chair, House Committee on Economic & Small Business Development FROM: John S O'Brien, Director, Legislative Budget Board IN RE:HB2457 by Davis, John (Relating to the amendment of Texas Enterprise Fund grant agreements.), Committee Report 1st House, Substituted No significant fiscal implication to the State is anticipated. The bill would amend the Government Code and require that at least 14 days before the date the Governor intends to amend a Texas Enterprise Fund grant agreement, the Governor shall notify and provide a copy of the proposed amendment to the Speaker of the House, Lieutenant Governor, and presiding officers of both houses of the legislature with primary jurisdiction over economic development. It is anticipated that any additional costs associated with implementation of the legislation could be absorbed within existing resources. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies:301 Office of the Governor LBB Staff: JOB, AG, JM
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION
April 8, 2011
TO: Honorable John Davis, Chair, House Committee on Economic & Small Business Development FROM: John S O'Brien, Director, Legislative Budget Board IN RE:HB2457 by Davis, John (Relating to the amendment of Texas Enterprise Fund grant agreements.), Committee Report 1st House, Substituted
TO: Honorable John Davis, Chair, House Committee on Economic & Small Business Development
FROM: John S O'Brien, Director, Legislative Budget Board
IN RE: HB2457 by Davis, John (Relating to the amendment of Texas Enterprise Fund grant agreements.), Committee Report 1st House, Substituted
Honorable John Davis, Chair, House Committee on Economic & Small Business Development
Honorable John Davis, Chair, House Committee on Economic & Small Business Development
John S O'Brien, Director, Legislative Budget Board
John S O'Brien, Director, Legislative Budget Board
HB2457 by Davis, John (Relating to the amendment of Texas Enterprise Fund grant agreements.), Committee Report 1st House, Substituted
HB2457 by Davis, John (Relating to the amendment of Texas Enterprise Fund grant agreements.), 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 would amend the Government Code and require that at least 14 days before the date the Governor intends to amend a Texas Enterprise Fund grant agreement, the Governor shall notify and provide a copy of the proposed amendment to the Speaker of the House, Lieutenant Governor, and presiding officers of both houses of the legislature with primary jurisdiction over economic development. It is anticipated that any additional costs associated with implementation of the legislation could be absorbed within existing resources.
Local Government Impact
No fiscal implication to units of local government is anticipated.
Source Agencies: 301 Office of the Governor
301 Office of the Governor
LBB Staff: JOB, AG, JM
JOB, AG, JM