LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 87TH LEGISLATIVE REGULAR SESSION April 22, 2021 TO: Honorable Rafael Anchia, Chair, House Committee on Pensions, Investments & Financial Services FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: SB1280 by Hancock (Relating to certain provisions of The Securities Act for which a person offering or selling a security may be held liable to a person buying the security.), As Engrossed No fiscal implication to the State is anticipated. It is assumed that the costs associated with the bill's provisions relating to certain provisions of the Securities Act for which a person offering or selling a security may be held liable to a person buying the security could be absorbed using existing resources. Local Government ImpactNo fiscal implication to units of local government is anticipated. Source Agencies: b > td > 304 Comptroller of Public Accounts, 312 Securities Board LBB Staff: b > td > JMc, AAL, MB, RRE, SZ
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 87TH LEGISLATIVE REGULAR SESSION
April 22, 2021
TO: Honorable Rafael Anchia, Chair, House Committee on Pensions, Investments & Financial Services FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: SB1280 by Hancock (Relating to certain provisions of The Securities Act for which a person offering or selling a security may be held liable to a person buying the security.), As Engrossed
TO: Honorable Rafael Anchia, Chair, House Committee on Pensions, Investments & Financial Services
FROM: Jerry McGinty, Director, Legislative Budget Board
IN RE: SB1280 by Hancock (Relating to certain provisions of The Securities Act for which a person offering or selling a security may be held liable to a person buying the security.), As Engrossed
Honorable Rafael Anchia, Chair, House Committee on Pensions, Investments & Financial Services
Honorable Rafael Anchia, Chair, House Committee on Pensions, Investments & Financial Services
Jerry McGinty, Director, Legislative Budget Board
Jerry McGinty, Director, Legislative Budget Board
SB1280 by Hancock (Relating to certain provisions of The Securities Act for which a person offering or selling a security may be held liable to a person buying the security.), As Engrossed
SB1280 by Hancock (Relating to certain provisions of The Securities Act for which a person offering or selling a security may be held liable to a person buying the security.), As Engrossed
No fiscal implication to the State is anticipated.
No fiscal implication to the State is anticipated.
It is assumed that the costs associated with the bill's provisions relating to certain provisions of the Securities Act for which a person offering or selling a security may be held liable to a person buying the security could be absorbed using existing resources.
Local Government Impact
No fiscal implication to units of local government is anticipated.
Source Agencies: b > td > 304 Comptroller of Public Accounts, 312 Securities Board
304 Comptroller of Public Accounts, 312 Securities Board
LBB Staff: b > td > JMc, AAL, MB, RRE, SZ
JMc, AAL, MB, RRE, SZ