LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 84TH LEGISLATIVE REGULAR SESSION April 22, 2015 TO: Honorable Angie Chen Button, Chair, House Committee on Economic & Small Business Development FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB4088 by Davis, Yvonne (Relating to the Texas enterprise fund.), As Introduced No significant fiscal implication to the State is anticipated. The bill would amend Government Code to add certain requirements to distribution of grant agreements made by the Texas Enterprise Fund. The bill would create additional reporting requirements for the Texas Enterprise Fund. The bill would take effect immediately upon receiving two-thirds majority vote in each house. Otherwise, the bill would take effect September 1, 2015.The Office of the Governor and the Comptroller of Public Accounts indicate that any costs associated with implementation of the bill could be absorbed within existing resources. Local Government Impact No significant fiscal implication to units of local government is anticipated. Source Agencies:301 Office of the Governor, 304 Comptroller of Public Accounts LBB Staff: UP, CL, LBe LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 84TH LEGISLATIVE REGULAR SESSION April 22, 2015 TO: Honorable Angie Chen Button, Chair, House Committee on Economic & Small Business Development FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB4088 by Davis, Yvonne (Relating to the Texas enterprise fund.), As Introduced TO: Honorable Angie Chen Button, Chair, House Committee on Economic & Small Business Development FROM: Ursula Parks, Director, Legislative Budget Board IN RE: HB4088 by Davis, Yvonne (Relating to the Texas enterprise fund.), As Introduced Honorable Angie Chen Button, Chair, House Committee on Economic & Small Business Development Honorable Angie Chen Button, Chair, House Committee on Economic & Small Business Development Ursula Parks, Director, Legislative Budget Board Ursula Parks, Director, Legislative Budget Board HB4088 by Davis, Yvonne (Relating to the Texas enterprise fund.), As Introduced HB4088 by Davis, Yvonne (Relating to the Texas enterprise fund.), 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 add certain requirements to distribution of grant agreements made by the Texas Enterprise Fund. The bill would create additional reporting requirements for the Texas Enterprise Fund. The bill would take effect immediately upon receiving two-thirds majority vote in each house. Otherwise, the bill would take effect September 1, 2015.The Office of the Governor and the Comptroller of Public Accounts indicate that any costs associated with implementation of the bill could be absorbed within existing resources. Local Government Impact No significant fiscal implication to units of local government is anticipated. Source Agencies: 301 Office of the Governor, 304 Comptroller of Public Accounts 301 Office of the Governor, 304 Comptroller of Public Accounts LBB Staff: UP, CL, LBe UP, CL, LBe