LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 85TH LEGISLATIVE REGULAR SESSION April 14, 2017 TO: Honorable René Oliveira, Chair, House Committee on Business & Industry FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB2856 by Villalba (Relating to names of domestic and foreign filing entities for transacting business in this state; creating an offense.), As Introduced No significant fiscal implication to the State is anticipated. The bill would amend the Business Organizations Code relating to names of domestic and foreign filing entities for transacting business in this state; creating an offense.The Secretary of State and Comptroller of Public Accounts assume any additional work associated with implementing the provisions of the bill could be absorbed using existing resources.This analysis assumes the provisions of the bill addressing felony sanctions for criminal offenses would not result in a significant impact on state correctional agencies.The bill would take effect on June 1, 2018. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies:304 Comptroller of Public Accounts, 307 Secretary of State LBB Staff: UP, CL, NV, ASa
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 85TH LEGISLATIVE REGULAR SESSION
April 14, 2017
TO: Honorable René Oliveira, Chair, House Committee on Business & Industry FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB2856 by Villalba (Relating to names of domestic and foreign filing entities for transacting business in this state; creating an offense.), As Introduced
TO: Honorable René Oliveira, Chair, House Committee on Business & Industry
FROM: Ursula Parks, Director, Legislative Budget Board
IN RE: HB2856 by Villalba (Relating to names of domestic and foreign filing entities for transacting business in this state; creating an offense.), 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
HB2856 by Villalba (Relating to names of domestic and foreign filing entities for transacting business in this state; creating an offense.), As Introduced
HB2856 by Villalba (Relating to names of domestic and foreign filing entities for transacting business in this state; creating an offense.), 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 names of domestic and foreign filing entities for transacting business in this state; creating an offense.The Secretary of State and Comptroller of Public Accounts assume any additional work associated with implementing the provisions of the bill could be absorbed using existing resources.This analysis assumes the provisions of the bill addressing felony sanctions for criminal offenses would not result in a significant impact on state correctional agencies.The bill would take effect on June 1, 2018.
Local Government Impact
No fiscal implication to units of local government is anticipated.
Source Agencies: 304 Comptroller of Public Accounts, 307 Secretary of State
304 Comptroller of Public Accounts, 307 Secretary of State
LBB Staff: UP, CL, NV, ASa
UP, CL, NV, ASa