LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 87TH LEGISLATIVE REGULAR SESSION April 8, 2021 TO: Honorable Chris Paddie, Chair, House Committee on State Affairs FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB692 by Shine (relating to retainage requirements for certain public works construction projects.), Committee Report 1st House, Substituted No significant fiscal implication to the State is anticipated. The bill would amend the Government Code related to retainage requirements for certain public works construction projects. Local Government ImpactAccording to Harris County, no significant fiscal impact to the county is anticipated. No significant fiscal impact to other units of local government is anticipated. Source Agencies: b > td > 580 Water Development Board LBB Staff: b > td > JMc, SMAT, CMA, DPE, SZ, BC LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 87TH LEGISLATIVE REGULAR SESSION April 8, 2021 TO: Honorable Chris Paddie, Chair, House Committee on State Affairs FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB692 by Shine (relating to retainage requirements for certain public works construction projects.), Committee Report 1st House, Substituted TO: Honorable Chris Paddie, Chair, House Committee on State Affairs FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB692 by Shine (relating to retainage requirements for certain public works construction projects.), Committee Report 1st House, Substituted Honorable Chris Paddie, Chair, House Committee on State Affairs Honorable Chris Paddie, Chair, House Committee on State Affairs Jerry McGinty, Director, Legislative Budget Board Jerry McGinty, Director, Legislative Budget Board HB692 by Shine (relating to retainage requirements for certain public works construction projects.), Committee Report 1st House, Substituted HB692 by Shine (relating to retainage requirements for certain public works construction projects.), 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 the Government Code related to retainage requirements for certain public works construction projects. Local Government Impact According to Harris County, no significant fiscal impact to the county is anticipated. No significant fiscal impact to other units of local government is anticipated. Source Agencies: b > td > 580 Water Development Board 580 Water Development Board LBB Staff: b > td > JMc, SMAT, CMA, DPE, SZ, BC JMc, SMAT, CMA, DPE, SZ, BC