LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 85TH LEGISLATIVE REGULAR SESSION April 13, 2017 TO: Honorable René Oliveira, Chair, House Committee on Business & Industry FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB2826 by Oliveira (Relating to partnerships, limited liability companies, and other domestic and foreign entities and to series of limited liability companies and foreign entities.), As Introduced No significant fiscal implication to the State is anticipated. The bill would amend the Business Organizations Code relating to partnerships, limited liability companies, and other domestic and foreign entities and to series of limited liability companies and foreign entities.The Secretary of State, Trusteed Programs Within the Office of the Governor, and the Office of Court Administration assume any additional work associated with implementing the provisions of the bill could be absorbed using existing resources. The bill would take effect on September 1, 2017. Local Government Impact According to the Office of Court Administration, the fiscal impact on local courts is not anticipated to be significant. Source Agencies:212 Office of Court Administration, Texas Judicial Council, 300 Trusteed Programs Within the Office of the Governor, 307 Secretary of State LBB Staff: UP, ASa, CL, NV, JGA
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 85TH LEGISLATIVE REGULAR SESSION
April 13, 2017
TO: Honorable René Oliveira, Chair, House Committee on Business & Industry FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB2826 by Oliveira (Relating to partnerships, limited liability companies, and other domestic and foreign entities and to series of limited liability companies and foreign entities.), As Introduced
TO: Honorable René Oliveira, Chair, House Committee on Business & Industry
FROM: Ursula Parks, Director, Legislative Budget Board
IN RE: HB2826 by Oliveira (Relating to partnerships, limited liability companies, and other domestic and foreign entities and to series of limited liability companies and foreign entities.), As Introduced
Honorable René Oliveira, Chair, House Committee on Business & Industry
Honorable René Oliveira, Chair, House Committee on Business & Industry
Ursula Parks, Director, Legislative Budget Board
Ursula Parks, Director, Legislative Budget Board
HB2826 by Oliveira (Relating to partnerships, limited liability companies, and other domestic and foreign entities and to series of limited liability companies and foreign entities.), As Introduced
HB2826 by Oliveira (Relating to partnerships, limited liability companies, and other domestic and foreign entities and to series of limited liability companies and foreign entities.), As Introduced
No significant fiscal implication to the State is anticipated.
No significant fiscal implication to the State is anticipated.
The bill would amend the Business Organizations Code relating to partnerships, limited liability companies, and other domestic and foreign entities and to series of limited liability companies and foreign entities.The Secretary of State, Trusteed Programs Within the Office of the Governor, and the Office of Court Administration assume any additional work associated with implementing the provisions of the bill could be absorbed using existing resources. The bill would take effect on September 1, 2017.
Local Government Impact
According to the Office of Court Administration, the fiscal impact on local courts is not anticipated to be significant.
Source Agencies: 212 Office of Court Administration, Texas Judicial Council, 300 Trusteed Programs Within the Office of the Governor, 307 Secretary of State
212 Office of Court Administration, Texas Judicial Council, 300 Trusteed Programs Within the Office of the Governor, 307 Secretary of State
LBB Staff: UP, ASa, CL, NV, JGA
UP, ASa, CL, NV, JGA