LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 84TH LEGISLATIVE REGULAR SESSION April 29, 2015 TO: Honorable Byron Cook, Chair, House Committee on State Affairs FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB3396 by Phillips (Relating to the reporting requirements for a person who makes direct campaign expenditures.), Committee Report 1st House, Substituted No significant fiscal implication to the State is anticipated. The bill would amend Election code to increase the threshold for reporting of a direct campaign expenditure on a campaign finance report with the Ethics Commission . It's assumed that any costs associated with implementing the bill could be absorbed within existing resources.The bill would take effect September 1, 2015. Local Government Impact No significant 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 April 29, 2015 TO: Honorable Byron Cook, Chair, House Committee on State Affairs FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB3396 by Phillips (Relating to the reporting requirements for a person who makes direct campaign expenditures.), Committee Report 1st House, Substituted TO: Honorable Byron Cook, Chair, House Committee on State Affairs FROM: Ursula Parks, Director, Legislative Budget Board IN RE: HB3396 by Phillips (Relating to the reporting requirements for a person who makes direct campaign expenditures.), Committee Report 1st House, Substituted 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 HB3396 by Phillips (Relating to the reporting requirements for a person who makes direct campaign expenditures.), Committee Report 1st House, Substituted HB3396 by Phillips (Relating to the reporting requirements for a person who makes direct campaign expenditures.), Committee Report 1st House, Substituted 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 increase the threshold for reporting of a direct campaign expenditure on a campaign finance report with the Ethics Commission . It's assumed that any costs associated with implementing the bill could be absorbed within existing resources.The bill would take effect September 1, 2015. Local Government Impact No significant 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