LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 84TH LEGISLATIVE REGULAR SESSION May 18, 2015 TO: Honorable Kevin Eltife, Chair, Senate Committee on Business & Commerce 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.), As Engrossed 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
May 18, 2015
TO: Honorable Kevin Eltife, Chair, Senate Committee on Business & Commerce 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.), As Engrossed
TO: Honorable Kevin Eltife, Chair, Senate Committee on Business & Commerce
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.), As Engrossed
Honorable Kevin Eltife, Chair, Senate Committee on Business & Commerce
Honorable Kevin Eltife, Chair, Senate Committee on Business & Commerce
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.), As Engrossed
HB3920 by Guerra (Relating to financing arrangements between political subdivisions and private entities for the implementation of pay for success initiatives.), As Engrossed
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