LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 84TH LEGISLATIVE REGULAR SESSION March 24, 2015 TO: Honorable Byron Cook, Chair, House Committee on State Affairs FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB1533 by Geren (Relating to a restriction on the use of certain political contributions from a single source in the month before an election.), As Introduced No significant fiscal implication to the State is anticipated. The bill would amend Election Code to restrict a candidate or committee from expending a political contribution exceeding $5,000 from a single source within 30 days of an election until the contribution is reported to the Ethics Commission and posted on the agency's website. The agency indicates that any costs associated with the bill could be absorbed within existing resources. The bill would take effect September 1, 2015. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies:356 Texas Ethics Commission LBB Staff: UP, AG, EP, EMo LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 84TH LEGISLATIVE REGULAR SESSION March 24, 2015 TO: Honorable Byron Cook, Chair, House Committee on State Affairs FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB1533 by Geren (Relating to a restriction on the use of certain political contributions from a single source in the month before an election.), As Introduced TO: Honorable Byron Cook, Chair, House Committee on State Affairs FROM: Ursula Parks, Director, Legislative Budget Board IN RE: HB1533 by Geren (Relating to a restriction on the use of certain political contributions from a single source in the month before an election.), As Introduced Honorable Byron Cook, Chair, House Committee on State Affairs Honorable Byron Cook, Chair, House Committee on State Affairs Ursula Parks, Director, Legislative Budget Board Ursula Parks, Director, Legislative Budget Board HB1533 by Geren (Relating to a restriction on the use of certain political contributions from a single source in the month before an election.), As Introduced HB1533 by Geren (Relating to a restriction on the use of certain political contributions from a single source in the month before an election.), As Introduced No significant fiscal implication to the State is anticipated. No significant fiscal implication to the State is anticipated. The bill would amend Election Code to restrict a candidate or committee from expending a political contribution exceeding $5,000 from a single source within 30 days of an election until the contribution is reported to the Ethics Commission and posted on the agency's website. The agency indicates that any costs associated with the bill could be absorbed within existing resources. The bill would take effect September 1, 2015. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies: 356 Texas Ethics Commission 356 Texas Ethics Commission LBB Staff: UP, AG, EP, EMo UP, AG, EP, EMo