LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 84TH LEGISLATIVE REGULAR SESSION April 19, 2015 TO: Honorable Jodie Laubenberg, Chair, House Committee on Elections FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB2962 by Sanford (Relating to ballot language for a proposition to approve the issuance of bonds by a county.), As Introduced No fiscal implication to the State is anticipated. Local Government Impact A county would be required to include in a proposition submitted to voters for approval ofthe issuance of bonds the most recent bond rating and a description of the applicable bond rating system. Costs to counties are not anticipated to be significant. Source Agencies: LBB Staff: UP, AG, SD LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 84TH LEGISLATIVE REGULAR SESSION April 19, 2015 TO: Honorable Jodie Laubenberg, Chair, House Committee on Elections FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB2962 by Sanford (Relating to ballot language for a proposition to approve the issuance of bonds by a county.), As Introduced TO: Honorable Jodie Laubenberg, Chair, House Committee on Elections FROM: Ursula Parks, Director, Legislative Budget Board IN RE: HB2962 by Sanford (Relating to ballot language for a proposition to approve the issuance of bonds by a county.), As Introduced Honorable Jodie Laubenberg, Chair, House Committee on Elections Honorable Jodie Laubenberg, Chair, House Committee on Elections Ursula Parks, Director, Legislative Budget Board Ursula Parks, Director, Legislative Budget Board HB2962 by Sanford (Relating to ballot language for a proposition to approve the issuance of bonds by a county.), As Introduced HB2962 by Sanford (Relating to ballot language for a proposition to approve the issuance of bonds by a county.), As Introduced No fiscal implication to the State is anticipated. No fiscal implication to the State is anticipated. Local Government Impact A county would be required to include in a proposition submitted to voters for approval ofthe issuance of bonds the most recent bond rating and a description of the applicable bond rating system. Costs to counties are not anticipated to be significant. Source Agencies: LBB Staff: UP, AG, SD UP, AG, SD