LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 85TH LEGISLATIVE REGULAR SESSION April 12, 2017 TO: Honorable Sarah Davis, Chair, House Committee on General Investigating & Ethics FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB2465 by Davis, Sarah (Relating to political contributions by corporations and labor organizations to certain political committees.), As Introduced No significant fiscal implication to the State is anticipated. The bill would amend Election Code relating to political contributions by corporations and labor organizations to certain political committees. The Ethics Commission indicates that any costs associated with implementing the bill could be absorbed within existing resources. The bill would take effect September 1, 2017. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies:356 Texas Ethics Commission LBB Staff: UP, KK, NV, GGo LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 85TH LEGISLATIVE REGULAR SESSION April 12, 2017 TO: Honorable Sarah Davis, Chair, House Committee on General Investigating & Ethics FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB2465 by Davis, Sarah (Relating to political contributions by corporations and labor organizations to certain political committees.), As Introduced TO: Honorable Sarah Davis, Chair, House Committee on General Investigating & Ethics FROM: Ursula Parks, Director, Legislative Budget Board IN RE: HB2465 by Davis, Sarah (Relating to political contributions by corporations and labor organizations to certain political committees.), As Introduced Honorable Sarah Davis, Chair, House Committee on General Investigating & Ethics Honorable Sarah Davis, Chair, House Committee on General Investigating & Ethics Ursula Parks, Director, Legislative Budget Board Ursula Parks, Director, Legislative Budget Board HB2465 by Davis, Sarah (Relating to political contributions by corporations and labor organizations to certain political committees.), As Introduced HB2465 by Davis, Sarah (Relating to political contributions by corporations and labor organizations to certain political committees.), As Introduced No significant fiscal implication to the State is anticipated. No significant fiscal implication to the State is anticipated. The bill would amend Election Code relating to political contributions by corporations and labor organizations to certain political committees. The Ethics Commission indicates that any costs associated with implementing the bill could be absorbed within existing resources. The bill would take effect September 1, 2017. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies: 356 Texas Ethics Commission 356 Texas Ethics Commission LBB Staff: UP, KK, NV, GGo UP, KK, NV, GGo