LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 83RD LEGISLATIVE REGULAR SESSION April 9, 2013 TO: Honorable Bob Deuell, Chair, Senate Committee on Economic Development FROM: Ursula Parks, Director, Legislative Budget Board IN RE:SB1640 by Deuell (Relating to the allocation of enterprise project designations during a biennium.), As Introduced No significant fiscal implication to the State is anticipated. This bill would amend the Government Code to allow the Texas Economic Development Bank to allocate the total number of enterprise project designations available in a biennium evenly over an annual or semiannual period. The Office of the Governor and the Comptroller of Public Accounts indicate the provisions of the bill could be implemented within existing resources. The bill would take effect on September 1, 2013. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies:301 Office of the Governor, 304 Comptroller of Public Accounts LBB Staff: UP, RB, EP, CK LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 83RD LEGISLATIVE REGULAR SESSION April 9, 2013 TO: Honorable Bob Deuell, Chair, Senate Committee on Economic Development FROM: Ursula Parks, Director, Legislative Budget Board IN RE:SB1640 by Deuell (Relating to the allocation of enterprise project designations during a biennium.), As Introduced TO: Honorable Bob Deuell, Chair, Senate Committee on Economic Development FROM: Ursula Parks, Director, Legislative Budget Board IN RE: SB1640 by Deuell (Relating to the allocation of enterprise project designations during a biennium.), As Introduced Honorable Bob Deuell, Chair, Senate Committee on Economic Development Honorable Bob Deuell, Chair, Senate Committee on Economic Development Ursula Parks, Director, Legislative Budget Board Ursula Parks, Director, Legislative Budget Board SB1640 by Deuell (Relating to the allocation of enterprise project designations during a biennium.), As Introduced SB1640 by Deuell (Relating to the allocation of enterprise project designations during a biennium.), As Introduced No significant fiscal implication to the State is anticipated. No significant fiscal implication to the State is anticipated. This bill would amend the Government Code to allow the Texas Economic Development Bank to allocate the total number of enterprise project designations available in a biennium evenly over an annual or semiannual period. The Office of the Governor and the Comptroller of Public Accounts indicate the provisions of the bill could be implemented within existing resources. The bill would take effect on September 1, 2013. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies: 301 Office of the Governor, 304 Comptroller of Public Accounts 301 Office of the Governor, 304 Comptroller of Public Accounts LBB Staff: UP, RB, EP, CK UP, RB, EP, CK