LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 87TH LEGISLATIVE REGULAR SESSION April 13, 2021 TO: Honorable Morgan Meyer, Chair, House Committee on Ways & Means FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB3614 by Cain (relating to a biennial report on state lending and credit support programs.), Committee Report 1st House, Substituted No significant fiscal implication to the State is anticipated. The bill would amend Chapter 403 of the Government Code to require the Bond Review Board to submit to the Legislature and to post on the agency's website a biennial report on state lending and credit support programs. The bill would require political subdivisions and other state agencies to submit the relevant information to the Bond Review Board. The Bond Review Board indicates there would be a cost associated with the reporting requirement. This analysis assumes the cost could be absorbed using existing resources. Local Government ImpactNo significant fiscal implication to units of local government is anticipated. Source Agencies: b > td > 304 Comptroller of Public Accounts, 352 Bond Review Board LBB Staff: b > td > JMc, KK, LCO, HGR, SD, MBO, AF
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 87TH LEGISLATIVE REGULAR SESSION
April 13, 2021
TO: Honorable Morgan Meyer, Chair, House Committee on Ways & Means FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB3614 by Cain (relating to a biennial report on state lending and credit support programs.), Committee Report 1st House, Substituted
TO: Honorable Morgan Meyer, Chair, House Committee on Ways & Means
FROM: Jerry McGinty, Director, Legislative Budget Board
IN RE: HB3614 by Cain (relating to a biennial report on state lending and credit support programs.), Committee Report 1st House, Substituted
Honorable Morgan Meyer, Chair, House Committee on Ways & Means
Honorable Morgan Meyer, Chair, House Committee on Ways & Means
Jerry McGinty, Director, Legislative Budget Board
Jerry McGinty, Director, Legislative Budget Board
HB3614 by Cain (relating to a biennial report on state lending and credit support programs.), Committee Report 1st House, Substituted
HB3614 by Cain (relating to a biennial report on state lending and credit support programs.), Committee Report 1st House, Substituted
No significant fiscal implication to the State is anticipated.
No significant fiscal implication to the State is anticipated.
The bill would amend Chapter 403 of the Government Code to require the Bond Review Board to submit to the Legislature and to post on the agency's website a biennial report on state lending and credit support programs. The bill would require political subdivisions and other state agencies to submit the relevant information to the Bond Review Board. The Bond Review Board indicates there would be a cost associated with the reporting requirement. This analysis assumes the cost could be absorbed using existing resources.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.
Source Agencies: b > td > 304 Comptroller of Public Accounts, 352 Bond Review Board
304 Comptroller of Public Accounts, 352 Bond Review Board
LBB Staff: b > td > JMc, KK, LCO, HGR, SD, MBO, AF
JMc, KK, LCO, HGR, SD, MBO, AF