LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION April 8, 2011 TO: Honorable John Carona, Chair, Senate Committee on Business & Commerce FROM: John S O'Brien, Director, Legislative Budget Board IN RE:SB1568 by Estes (Relating to shareholder standing after mergers.), As Introduced No fiscal implication to the State is anticipated. The bill would amend Section 21.552 of the Business Organization Code related to certain shareholder standing after certain mergers. The bill would take effect on September 1, 2011. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies:307 Secretary of State LBB Staff: JOB, AG, BTA
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION
April 8, 2011
TO: Honorable John Carona, Chair, Senate Committee on Business & Commerce FROM: John S O'Brien, Director, Legislative Budget Board IN RE:SB1568 by Estes (Relating to shareholder standing after mergers.), As Introduced
TO: Honorable John Carona, Chair, Senate Committee on Business & Commerce
FROM: John S O'Brien, Director, Legislative Budget Board
IN RE: SB1568 by Estes (Relating to shareholder standing after mergers.), As Introduced
Honorable John Carona, Chair, Senate Committee on Business & Commerce
Honorable John Carona, Chair, Senate Committee on Business & Commerce
John S O'Brien, Director, Legislative Budget Board
John S O'Brien, Director, Legislative Budget Board
SB1568 by Estes (Relating to shareholder standing after mergers.), As Introduced
SB1568 by Estes (Relating to shareholder standing after mergers.), As Introduced
No fiscal implication to the State is anticipated.
No fiscal implication to the State is anticipated.
The bill would amend Section 21.552 of the Business Organization Code related to certain shareholder standing after certain mergers. The bill would take effect on September 1, 2011.
Local Government Impact
No fiscal implication to units of local government is anticipated.
Source Agencies: 307 Secretary of State
307 Secretary of State
LBB Staff: JOB, AG, BTA
JOB, AG, BTA