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