LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 85TH LEGISLATIVE REGULAR SESSION April 18, 2017 TO: Honorable Angie Chen Button, Chair, House Committee on Economic & Small Business Development FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB622 by Leach (Relating to the applicability of project design and construction requirements to development corporations created by governmental entities subject to those requirements.), As Introduced No fiscal implication to the State is anticipated. The bill would amend the Local Government Code to require a corporation to comply with the same procurement process methods as its authorizing unit must comply.The bill would take effect September 1, 2017. Local Government Impact No significant fiscal implication to units of local government is anticipated. Source Agencies: LBB Staff: UP, CL, BM, FR, SD, EK LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 85TH LEGISLATIVE REGULAR SESSION April 18, 2017 TO: Honorable Angie Chen Button, Chair, House Committee on Economic & Small Business Development FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB622 by Leach (Relating to the applicability of project design and construction requirements to development corporations created by governmental entities subject to those requirements.), As Introduced TO: Honorable Angie Chen Button, Chair, House Committee on Economic & Small Business Development FROM: Ursula Parks, Director, Legislative Budget Board IN RE: HB622 by Leach (Relating to the applicability of project design and construction requirements to development corporations created by governmental entities subject to those requirements.), As Introduced Honorable Angie Chen Button, Chair, House Committee on Economic & Small Business Development Honorable Angie Chen Button, Chair, House Committee on Economic & Small Business Development Ursula Parks, Director, Legislative Budget Board Ursula Parks, Director, Legislative Budget Board HB622 by Leach (Relating to the applicability of project design and construction requirements to development corporations created by governmental entities subject to those requirements.), As Introduced HB622 by Leach (Relating to the applicability of project design and construction requirements to development corporations created by governmental entities subject to those requirements.), As Introduced No fiscal implication to the State is anticipated. No fiscal implication to the State is anticipated. The bill would amend the Local Government Code to require a corporation to comply with the same procurement process methods as its authorizing unit must comply.The bill would take effect September 1, 2017. Local Government Impact No significant fiscal implication to units of local government is anticipated. Source Agencies: LBB Staff: UP, CL, BM, FR, SD, EK UP, CL, BM, FR, SD, EK