LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION March 7, 2011 TO: Honorable Mike Jackson, Chair, Senate Committee on Economic Development FROM: John S O'Brien, Director, Legislative Budget Board IN RE:SB638 by Jackson (Relating to the computation of a surplus credit and a surplus credit rate for certain successor employing units.), As Introduced No significant fiscal implication to the State is anticipated. The bill would amend the Labor Code relating to the computation of a surplus credit and a surplus credit rate for certain successor employing units. Based on the analysis of the Texas Workforce Commission, it is assumed that any duties and responsibilities associated with implementing the provisions of the bill could be accomplished by utilizing existing resources. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies:320 Texas Workforce Commission LBB Staff: JOB, AG, MW, NV LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION March 7, 2011 TO: Honorable Mike Jackson, Chair, Senate Committee on Economic Development FROM: John S O'Brien, Director, Legislative Budget Board IN RE:SB638 by Jackson (Relating to the computation of a surplus credit and a surplus credit rate for certain successor employing units.), As Introduced TO: Honorable Mike Jackson, Chair, Senate Committee on Economic Development FROM: John S O'Brien, Director, Legislative Budget Board IN RE: SB638 by Jackson (Relating to the computation of a surplus credit and a surplus credit rate for certain successor employing units.), As Introduced Honorable Mike Jackson, Chair, Senate Committee on Economic Development Honorable Mike Jackson, Chair, Senate Committee on Economic Development John S O'Brien, Director, Legislative Budget Board John S O'Brien, Director, Legislative Budget Board SB638 by Jackson (Relating to the computation of a surplus credit and a surplus credit rate for certain successor employing units.), As Introduced SB638 by Jackson (Relating to the computation of a surplus credit and a surplus credit rate for certain successor employing units.), As Introduced No significant fiscal implication to the State is anticipated. No significant fiscal implication to the State is anticipated. The bill would amend the Labor Code relating to the computation of a surplus credit and a surplus credit rate for certain successor employing units. Based on the analysis of the Texas Workforce Commission, it is assumed that any duties and responsibilities associated with implementing the provisions of the bill could be accomplished by utilizing existing resources. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies: 320 Texas Workforce Commission 320 Texas Workforce Commission LBB Staff: JOB, AG, MW, NV JOB, AG, MW, NV