LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 85TH LEGISLATIVE REGULAR SESSION May 12, 2017 TO: Honorable Joan Huffman, Chair, Senate Committee on State Affairs 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 Engrossed 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, AG, KK, NV, GGo LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 85TH LEGISLATIVE REGULAR SESSION May 12, 2017 TO: Honorable Joan Huffman, Chair, Senate Committee on State Affairs 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 Engrossed TO: Honorable Joan Huffman, Chair, Senate Committee on State Affairs 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 Engrossed Honorable Joan Huffman, Chair, Senate Committee on State Affairs Honorable Joan Huffman, Chair, Senate Committee on State Affairs 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 Engrossed HB2465 by Davis, Sarah (Relating to political contributions by corporations and labor organizations to certain political committees.), As Engrossed 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, AG, KK, NV, GGo UP, AG, KK, NV, GGo