LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 85TH LEGISLATIVE REGULAR SESSION January 31, 2017 TO: Honorable Joan Huffman, Chair, Senate Committee on State Affairs FROM: Ursula Parks, Director, Legislative Budget Board IN RE:SB501 by Taylor, Van (Relating to the disclosure of certain contracts, services, and compensation in personal financial statements filed by public officers and candidates.), As Introduced No significant fiscal implication to the State is anticipated. The bill would amend the Government Code and the Election Code relating to the disclosure of certain contracts, services, and compensation in personal financial statements filed by public officers and candidates. Based on information provided by the Ethics Commission, this analysis assumes that any costs associated with implementing the bill could be absorbed within existing resources. The bill would take effect January 8, 2019 and would apply to financial statements filed on or after January 8, 2019. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies:356 Texas Ethics Commission LBB Staff: UP, AG, NV, GGo LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 85TH LEGISLATIVE REGULAR SESSION January 31, 2017 TO: Honorable Joan Huffman, Chair, Senate Committee on State Affairs FROM: Ursula Parks, Director, Legislative Budget Board IN RE:SB501 by Taylor, Van (Relating to the disclosure of certain contracts, services, and compensation in personal financial statements filed by public officers and candidates.), As Introduced TO: Honorable Joan Huffman, Chair, Senate Committee on State Affairs FROM: Ursula Parks, Director, Legislative Budget Board IN RE: SB501 by Taylor, Van (Relating to the disclosure of certain contracts, services, and compensation in personal financial statements filed by public officers and candidates.), As Introduced Honorable Joan Huffman, Chair, Senate Committee on State Affairs Honorable Joan Huffman, Chair, Senate Committee on State Affairs Ursula Parks, Director, Legislative Budget Board Ursula Parks, Director, Legislative Budget Board SB501 by Taylor, Van (Relating to the disclosure of certain contracts, services, and compensation in personal financial statements filed by public officers and candidates.), As Introduced SB501 by Taylor, Van (Relating to the disclosure of certain contracts, services, and compensation in personal financial statements filed by public officers and candidates.), 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 Government Code and the Election Code relating to the disclosure of certain contracts, services, and compensation in personal financial statements filed by public officers and candidates. Based on information provided by the Ethics Commission, this analysis assumes that any costs associated with implementing the bill could be absorbed within existing resources. The bill would take effect January 8, 2019 and would apply to financial statements filed on or after January 8, 2019. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies: 356 Texas Ethics Commission 356 Texas Ethics Commission LBB Staff: UP, AG, NV, GGo UP, AG, NV, GGo