LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION March 30, 2011 TO: Honorable John Davis, Chair, House Committee on Economic & Small Business Development FROM: John S O'Brien, Director, Legislative Budget Board IN RE:HB2785 by Davis, John (Relating to the creation of the Select Committee on Economic Development.), Committee Report 1st House, Substituted No significant fiscal implication to the State is anticipated. The bill would create the 12 member Select Committee on Economic Development. The committee would recommend an economic development policy for the state; conduct a study regarding state and local economic development incentives; and develop criteria for evaluating the effectiveness of existing economic development policies and incentives. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies:301 Office of the Governor LBB Staff: JOB, AG, SD LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION March 30, 2011 TO: Honorable John Davis, Chair, House Committee on Economic & Small Business Development FROM: John S O'Brien, Director, Legislative Budget Board IN RE:HB2785 by Davis, John (Relating to the creation of the Select Committee on Economic Development.), 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: HB2785 by Davis, John (Relating to the creation of the Select Committee on Economic Development.), 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 HB2785 by Davis, John (Relating to the creation of the Select Committee on Economic Development.), Committee Report 1st House, Substituted HB2785 by Davis, John (Relating to the creation of the Select Committee on Economic Development.), 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 create the 12 member Select Committee on Economic Development. The committee would recommend an economic development policy for the state; conduct a study regarding state and local economic development incentives; and develop criteria for evaluating the effectiveness of existing economic development policies and incentives. 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, SD JOB, AG, SD