LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 85TH LEGISLATIVE REGULAR SESSION May 10, 2017 TO: Honorable Eddie Lucio, Jr., Chair, Senate Committee on Intergovernmental Relations FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB3082 by Capriglione (Relating to the investment training requirement for certain local government officers.), As Engrossed No significant fiscal implication to the State is anticipated. The bill would amend the Government Code concerning investment training requirements for certain local officers by amending and repealing certain provisions. The bill also re-enacts Section 2256.008(a). Section 2256.008(a-1), of the Government Code, would be repealed.The bill would take effect immediately if it receives a vote of two-thirds of each house. If the bill does not receive the vote necessary for immediate effect it would take effect September 1, 2017. Local Government Impact According to the Texas Association of Counties, the bill would have no significant impact on local government. Source Agencies: LBB Staff: UP, JGA, CL, GG, GP LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 85TH LEGISLATIVE REGULAR SESSION May 10, 2017 TO: Honorable Eddie Lucio, Jr., Chair, Senate Committee on Intergovernmental Relations FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB3082 by Capriglione (Relating to the investment training requirement for certain local government officers.), As Engrossed TO: Honorable Eddie Lucio, Jr., Chair, Senate Committee on Intergovernmental Relations FROM: Ursula Parks, Director, Legislative Budget Board IN RE: HB3082 by Capriglione (Relating to the investment training requirement for certain local government officers.), As Engrossed Honorable Eddie Lucio, Jr., Chair, Senate Committee on Intergovernmental Relations Honorable Eddie Lucio, Jr., Chair, Senate Committee on Intergovernmental Relations Ursula Parks, Director, Legislative Budget Board Ursula Parks, Director, Legislative Budget Board HB3082 by Capriglione (Relating to the investment training requirement for certain local government officers.), As Engrossed HB3082 by Capriglione (Relating to the investment training requirement for certain local government officers.), 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 Government Code concerning investment training requirements for certain local officers by amending and repealing certain provisions. The bill also re-enacts Section 2256.008(a). Section 2256.008(a-1), of the Government Code, would be repealed.The bill would take effect immediately if it receives a vote of two-thirds of each house. If the bill does not receive the vote necessary for immediate effect it would take effect September 1, 2017. Local Government Impact According to the Texas Association of Counties, the bill would have no significant impact on local government. Source Agencies: LBB Staff: UP, JGA, CL, GG, GP UP, JGA, CL, GG, GP