LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 84TH LEGISLATIVE REGULAR SESSION April 6, 2015 TO: Honorable John Kuempel, Chair, House Committee on General Investigating & Ethics FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB3511 by Davis, Sarah (Relating to the contents of financial statements that are electronically filed by certain persons.), As Introduced No significant fiscal implication to the State is anticipated. The bill would amend Government Code to exempt people who file personal financial statements with the Ethics Commission or other filing authority from including a notarized affidavit with the financial statement, if they do so electronically, using a password. Any costs associated with implementing the bill could be absorbed within current resources.The bill would take effect September 1, 2015 and would apply only to financial statements filed on or after that date. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies:356 Texas Ethics Commission LBB Staff: UP, FR, EP, EMo LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 84TH LEGISLATIVE REGULAR SESSION April 6, 2015 TO: Honorable John Kuempel, Chair, House Committee on General Investigating & Ethics FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB3511 by Davis, Sarah (Relating to the contents of financial statements that are electronically filed by certain persons.), As Introduced TO: Honorable John Kuempel, Chair, House Committee on General Investigating & Ethics FROM: Ursula Parks, Director, Legislative Budget Board IN RE: HB3511 by Davis, Sarah (Relating to the contents of financial statements that are electronically filed by certain persons.), As Introduced Honorable John Kuempel, Chair, House Committee on General Investigating & Ethics Honorable John Kuempel, Chair, House Committee on General Investigating & Ethics Ursula Parks, Director, Legislative Budget Board Ursula Parks, Director, Legislative Budget Board HB3511 by Davis, Sarah (Relating to the contents of financial statements that are electronically filed by certain persons.), As Introduced HB3511 by Davis, Sarah (Relating to the contents of financial statements that are electronically filed by certain persons.), As Introduced No significant fiscal implication to the State is anticipated. No significant fiscal implication to the State is anticipated. The bill would amend Government Code to exempt people who file personal financial statements with the Ethics Commission or other filing authority from including a notarized affidavit with the financial statement, if they do so electronically, using a password. Any costs associated with implementing the bill could be absorbed within current resources.The bill would take effect September 1, 2015 and would apply only to financial statements filed on or after that date. 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, FR, EP, EMo UP, FR, EP, EMo