LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 87TH LEGISLATIVE REGULAR SESSION March 29, 2021 TO: Honorable Kelly Hancock, Chair, Senate Committee on Business & Commerce FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: SB1097 by Creighton (Relating to retainage requirements for certain public works construction projects.), As Introduced 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 > LBB Staff: b > td > JMc, SZ, BC, DPE LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 87TH LEGISLATIVE REGULAR SESSION March 29, 2021 TO: Honorable Kelly Hancock, Chair, Senate Committee on Business & Commerce FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: SB1097 by Creighton (Relating to retainage requirements for certain public works construction projects.), As Introduced TO: Honorable Kelly Hancock, Chair, Senate Committee on Business & Commerce FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: SB1097 by Creighton (Relating to retainage requirements for certain public works construction projects.), As Introduced Honorable Kelly Hancock, Chair, Senate Committee on Business & Commerce Honorable Kelly Hancock, Chair, Senate Committee on Business & Commerce Jerry McGinty, Director, Legislative Budget Board Jerry McGinty, Director, Legislative Budget Board SB1097 by Creighton (Relating to retainage requirements for certain public works construction projects.), As Introduced SB1097 by Creighton (Relating to retainage requirements for certain public works construction projects.), 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 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 > LBB Staff: b > td > JMc, SZ, BC, DPE JMc, SZ, BC, DPE