LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 85TH LEGISLATIVE REGULAR SESSION May 12, 2017 TO: Honorable Kelly Hancock, Chair, Senate Committee on Business & Commerce 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.), As Engrossed No significant fiscal implication to the State is anticipated. The bill would amend the Business Organization Code relating to names of domestic and foreign filing entities for transacting business in this state.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.The bill would take effect on June 1, 2018. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies:307 Secretary of State, 304 Comptroller of Public Accounts LBB Staff: UP, CL, WP, ASa, NV
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 85TH LEGISLATIVE REGULAR SESSION
May 12, 2017
TO: Honorable Kelly Hancock, Chair, Senate Committee on Business & Commerce 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.), As Engrossed
TO: Honorable Kelly Hancock, Chair, Senate Committee on Business & Commerce
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.), As Engrossed
Honorable Kelly Hancock, Chair, Senate Committee on Business & Commerce
Honorable Kelly Hancock, Chair, Senate Committee on Business & Commerce
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.), As Engrossed
HB2856 by Villalba (Relating to names of domestic and foreign filing entities for transacting business in this state.), As Engrossed
No significant fiscal implication to the State is anticipated.
No significant fiscal implication to the State is anticipated.
The bill would amend the Business Organization Code relating to names of domestic and foreign filing entities for transacting business in this state.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.The bill would take effect on June 1, 2018.
Local Government Impact
No fiscal implication to units of local government is anticipated.
Source Agencies: 307 Secretary of State, 304 Comptroller of Public Accounts
307 Secretary of State, 304 Comptroller of Public Accounts
LBB Staff: UP, CL, WP, ASa, NV
UP, CL, WP, ASa, NV