LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 84TH LEGISLATIVE REGULAR SESSION March 14, 2015 TO: Honorable Tan Parker, Chair, House Committee on Investments & Financial Services FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB870 by Smith (Relating to the investment training requirement for certain local government officers.), As Introduced No fiscal implication to the State is anticipated. The bill would amend the Government Code to modify the required hours of an investment training for certain local government officials.The Texas Education Agency (TEA) indicated the bill would have no direct fiscal implications for the Foundation School Program or the operations of the TEA. Local Government Impact No significant fiscal implication to units of local government is anticipated. Source Agencies:701 Central Education Agency LBB Staff: UP, CL, SD, EK LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 84TH LEGISLATIVE REGULAR SESSION March 14, 2015 TO: Honorable Tan Parker, Chair, House Committee on Investments & Financial Services FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB870 by Smith (Relating to the investment training requirement for certain local government officers.), As Introduced TO: Honorable Tan Parker, Chair, House Committee on Investments & Financial Services FROM: Ursula Parks, Director, Legislative Budget Board IN RE: HB870 by Smith (Relating to the investment training requirement for certain local government officers.), As Introduced 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 HB870 by Smith (Relating to the investment training requirement for certain local government officers.), As Introduced HB870 by Smith (Relating to the investment training requirement for certain local government officers.), As Introduced No fiscal implication to the State is anticipated. No fiscal implication to the State is anticipated. The bill would amend the Government Code to modify the required hours of an investment training for certain local government officials.The Texas Education Agency (TEA) indicated the bill would have no direct fiscal implications for the Foundation School Program or the operations of the TEA. Local Government Impact No significant fiscal implication to units of local government is anticipated. Source Agencies: 701 Central Education Agency 701 Central Education Agency LBB Staff: UP, CL, SD, EK UP, CL, SD, EK