Texas 2021 87th Regular

Texas House Bill HB692 Fiscal Note / Fiscal Note

Filed 05/24/2021

                    LEGISLATIVE BUDGET BOARD     Austin, Texas       FISCAL NOTE, 87TH LEGISLATIVE REGULAR SESSION             May 24, 2021       TO: Honorable Dade Phelan, Speaker of the House, House of Representatives     FROM: Jerry McGinty, Director, Legislative Budget Board      IN RE: HB692 by Shine (Relating to retainage requirements for certain public works construction projects.), As Passed 2nd House     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, 601 Department of Transportation  LBB Staff: b > td > JMc, LBO, SZ, DPE, SMAT, CMA, BC

LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 87TH LEGISLATIVE REGULAR SESSION
May 24, 2021

 

 

  TO: Honorable Dade Phelan, Speaker of the House, House of Representatives     FROM: Jerry McGinty, Director, Legislative Budget Board      IN RE: HB692 by Shine (Relating to retainage requirements for certain public works construction projects.), As Passed 2nd House   

TO: Honorable Dade Phelan, Speaker of the House, House of Representatives
FROM: Jerry McGinty, Director, Legislative Budget Board
IN RE: HB692 by Shine (Relating to retainage requirements for certain public works construction projects.), As Passed 2nd House

 Honorable Dade Phelan, Speaker of the House, House of Representatives

 Honorable Dade Phelan, Speaker of the House, House of Representatives

 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.), As Passed 2nd House 

 HB692 by Shine (Relating to retainage requirements for certain public works construction projects.), As Passed 2nd House 



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, 601 Department of Transportation

580 Water Development Board, 601 Department of Transportation

LBB Staff: b > td > JMc, LBO, SZ, DPE, SMAT, CMA, BC

JMc, LBO, SZ, DPE, SMAT, CMA, BC