LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION March 10, 2011 TO: Honorable John Carona, Chair, Senate Committee on Business & Commerce FROM: John S O'Brien, Director, Legislative Budget Board IN RE:SB590 by Estes (Relating to retainage under certain construction contracts.), As Introduced No fiscal implication to the State is anticipated. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies:303 Facilities Commission, 329 Real Estate Commission, 450 Department of Savings and Mortgage Lending, 451 Department of Banking LBB Staff: JOB, AG, SD LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION March 10, 2011 TO: Honorable John Carona, Chair, Senate Committee on Business & Commerce FROM: John S O'Brien, Director, Legislative Budget Board IN RE:SB590 by Estes (Relating to retainage under certain construction contracts.), As Introduced TO: Honorable John Carona, Chair, Senate Committee on Business & Commerce FROM: John S O'Brien, Director, Legislative Budget Board IN RE: SB590 by Estes (Relating to retainage under certain construction contracts.), 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 SB590 by Estes (Relating to retainage under certain construction contracts.), As Introduced SB590 by Estes (Relating to retainage under certain construction contracts.), As Introduced No fiscal implication to the State is anticipated. No fiscal implication to the State is anticipated. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies: 303 Facilities Commission, 329 Real Estate Commission, 450 Department of Savings and Mortgage Lending, 451 Department of Banking 303 Facilities Commission, 329 Real Estate Commission, 450 Department of Savings and Mortgage Lending, 451 Department of Banking LBB Staff: JOB, AG, SD JOB, AG, SD