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:HB1787 by Turner, Chris (Relating to the regulation of political contributions and expenditures.), As Introduced No significant fiscal implication to the State is anticipated. The bill would amend Election Code to require quarterly campaign finance reports to be filed with the Ethics Commission, instead of semi-annual reports. The bill would also amend the timeline that the Commission must make campaign finance reports available on the agency's website, from within two business days of filing to "as soon as practicable." Based on the LBB's analysis of the Ethics Commission, duties and responsibilities associated with implementing the provisions of the bill could be accomplished by utilizing existing resources. The bill would take effect January 1, 2016. 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:HB1787 by Turner, Chris (Relating to the regulation of political contributions and expenditures.), As Introduced TO: Honorable Byron Cook, Chair, House Committee on State Affairs FROM: Ursula Parks, Director, Legislative Budget Board IN RE: HB1787 by Turner, Chris (Relating to the regulation of political contributions and expenditures.), 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 HB1787 by Turner, Chris (Relating to the regulation of political contributions and expenditures.), As Introduced HB1787 by Turner, Chris (Relating to the regulation of political contributions and expenditures.), 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 require quarterly campaign finance reports to be filed with the Ethics Commission, instead of semi-annual reports. The bill would also amend the timeline that the Commission must make campaign finance reports available on the agency's website, from within two business days of filing to "as soon as practicable." Based on the LBB's analysis of the Ethics Commission, duties and responsibilities associated with implementing the provisions of the bill could be accomplished by utilizing existing resources. The bill would take effect January 1, 2016. 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