LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 85TH LEGISLATIVE REGULAR SESSION April 27, 2017 TO: Honorable Carol Alvarado, Chair, House Committee on Urban Affairs FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB1238 by VanDeaver ( Relating to investment training for officers of public housing authorities.), Committee Report 1st House, Substituted No significant 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 housing authority financial officers. Exempts officers at certain housing authorities from this training.The bill would take effect September 1, 2017. Local Government Impact According to the Texas Municipal League, the bill is not anticipated to have a significant fiscal impact on municipalities. Source Agencies: LBB Staff: UP, JGA, GG, GP, CL, SD, EK, JBi LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 85TH LEGISLATIVE REGULAR SESSION April 27, 2017 TO: Honorable Carol Alvarado, Chair, House Committee on Urban Affairs FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB1238 by VanDeaver ( Relating to investment training for officers of public housing authorities.), Committee Report 1st House, Substituted TO: Honorable Carol Alvarado, Chair, House Committee on Urban Affairs FROM: Ursula Parks, Director, Legislative Budget Board IN RE: HB1238 by VanDeaver ( Relating to investment training for officers of public housing authorities.), Committee Report 1st House, Substituted Honorable Carol Alvarado, Chair, House Committee on Urban Affairs Honorable Carol Alvarado, Chair, House Committee on Urban Affairs Ursula Parks, Director, Legislative Budget Board Ursula Parks, Director, Legislative Budget Board HB1238 by VanDeaver ( Relating to investment training for officers of public housing authorities.), Committee Report 1st House, Substituted HB1238 by VanDeaver ( Relating to investment training for officers of public housing authorities.), Committee Report 1st House, Substituted No significant fiscal implication to the State is anticipated. No significant 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 housing authority financial officers. Exempts officers at certain housing authorities from this training.The bill would take effect September 1, 2017. Local Government Impact According to the Texas Municipal League, the bill is not anticipated to have a significant fiscal impact on municipalities. Source Agencies: LBB Staff: UP, JGA, GG, GP, CL, SD, EK, JBi UP, JGA, GG, GP, CL, SD, EK, JBi