LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 84TH LEGISLATIVE REGULAR SESSION Revision 1 May 8, 2015 TO: Honorable Tan Parker, Chair, House Committee on Investments & Financial Services FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB3920 by Guerra (Relating to financing arrangements between political subdivisions and private entities for the implementation of pay for success initiatives.), Committee Report 1st House, Substituted No fiscal implication to the State is anticipated. The bill would amend the Local Government Code to permit the governing body of a political subdivision to enter into a private financing arrangement for a program designed and intended to address a problem facing the political subdivision. Local Government Impact No significant fiscal implication to units of local government is anticipated. Source Agencies:352 Bond Review Board LBB Staff: UP, CL, SD, EK, LBe
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 84TH LEGISLATIVE REGULAR SESSION
Revision 1
May 8, 2015
Revision 1
Revision 1
TO: Honorable Tan Parker, Chair, House Committee on Investments & Financial Services FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB3920 by Guerra (Relating to financing arrangements between political subdivisions and private entities for the implementation of pay for success initiatives.), Committee Report 1st House, Substituted
TO: Honorable Tan Parker, Chair, House Committee on Investments & Financial Services
FROM: Ursula Parks, Director, Legislative Budget Board
IN RE: HB3920 by Guerra (Relating to financing arrangements between political subdivisions and private entities for the implementation of pay for success initiatives.), Committee Report 1st House, Substituted
Honorable Tan Parker, Chair, House Committee on Investments & Financial Services
Honorable Tan Parker, Chair, House Committee on Investments & Financial Services
Ursula Parks, Director, Legislative Budget Board
Ursula Parks, Director, Legislative Budget Board
HB3920 by Guerra (Relating to financing arrangements between political subdivisions and private entities for the implementation of pay for success initiatives.), Committee Report 1st House, Substituted
HB3920 by Guerra (Relating to financing arrangements between political subdivisions and private entities for the implementation of pay for success initiatives.), Committee Report 1st House, Substituted
No fiscal implication to the State is anticipated.
No fiscal implication to the State is anticipated.
The bill would amend the Local Government Code to permit the governing body of a political subdivision to enter into a private financing arrangement for a program designed and intended to address a problem facing the political subdivision.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.
Source Agencies: 352 Bond Review Board
352 Bond Review Board
LBB Staff: UP, CL, SD, EK, LBe
UP, CL, SD, EK, LBe