LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION March 4, 2011 TO: Honorable Craig Estes, Chair, Senate Committee on Agriculture & Rural Affairs FROM: John S O'Brien, Director, Legislative Budget Board IN RE:SB248 by Estes (Relating to the regulation of public grain warehouse operators.), As Introduced No significant fiscal implication to the State is anticipated. The bill would amend provisions related to disclosure of financial information of grain warehouse operators by the Department of Agriculture; modify bond requirements for grain warehouse operators; and authorize the Department of Agriculture to suspend a warehouse operators license under certain circumstances. The Department of Agriculture indicates that any costs associated with the bill could be absorbed within the agencys existing resources. The bill would take effect on September 1, 2011. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies:302 Office of the Attorney General, 304 Comptroller of Public Accounts, 551 Department of Agriculture LBB Staff: JOB, SZ, AH
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION
March 4, 2011
TO: Honorable Craig Estes, Chair, Senate Committee on Agriculture & Rural Affairs FROM: John S O'Brien, Director, Legislative Budget Board IN RE:SB248 by Estes (Relating to the regulation of public grain warehouse operators.), As Introduced
TO: Honorable Craig Estes, Chair, Senate Committee on Agriculture & Rural Affairs
FROM: John S O'Brien, Director, Legislative Budget Board
IN RE: SB248 by Estes (Relating to the regulation of public grain warehouse operators.), As Introduced
Honorable Craig Estes, Chair, Senate Committee on Agriculture & Rural Affairs
Honorable Craig Estes, Chair, Senate Committee on Agriculture & Rural Affairs
John S O'Brien, Director, Legislative Budget Board
John S O'Brien, Director, Legislative Budget Board
SB248 by Estes (Relating to the regulation of public grain warehouse operators.), As Introduced
SB248 by Estes (Relating to the regulation of public grain warehouse operators.), As Introduced
No significant fiscal implication to the State is anticipated.
No significant fiscal implication to the State is anticipated.
The bill would amend provisions related to disclosure of financial information of grain warehouse operators by the Department of Agriculture; modify bond requirements for grain warehouse operators; and authorize the Department of Agriculture to suspend a warehouse operators license under certain circumstances. The Department of Agriculture indicates that any costs associated with the bill could be absorbed within the agencys existing resources. The bill would take effect on September 1, 2011.
The bill would amend provisions related to disclosure of financial information of grain warehouse operators by the Department of Agriculture; modify bond requirements for grain warehouse operators; and authorize the Department of Agriculture to suspend a warehouse operators license under certain circumstances.
The Department of Agriculture indicates that any costs associated with the bill could be absorbed within the agencys existing resources.
The bill would take effect on September 1, 2011.
Local Government Impact
No fiscal implication to units of local government is anticipated.
Source Agencies: 302 Office of the Attorney General, 304 Comptroller of Public Accounts, 551 Department of Agriculture
302 Office of the Attorney General, 304 Comptroller of Public Accounts, 551 Department of Agriculture
LBB Staff: JOB, SZ, AH
JOB, SZ, AH