LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 87TH LEGISLATIVE REGULAR SESSION May 3, 2021 TO: Honorable Kelly Hancock, Chair, Senate Committee on Business & Commerce FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: SB1984 by Lucio (Relating to private activity bonds.), As Introduced No significant fiscal implication to the State is anticipated. The bill would amend Texas Government Code relating to private activity bonds.It is assumed that any costs associated with the bill could be absorbed by the Bond Review Board using existing resources.According to the Comptroller's Office, the fiscal impact of the bill cannot be determined. Local Government ImpactNo fiscal implication to units of local government is anticipated. Source Agencies: b > td > 304 Comptroller of Public Accounts, 352 Bond Review Board LBB Staff: b > td > JMc, SZ, HGR LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 87TH LEGISLATIVE REGULAR SESSION May 3, 2021 TO: Honorable Kelly Hancock, Chair, Senate Committee on Business & Commerce FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: SB1984 by Lucio (Relating to private activity bonds.), As Introduced TO: Honorable Kelly Hancock, Chair, Senate Committee on Business & Commerce FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: SB1984 by Lucio (Relating to private activity bonds.), 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 SB1984 by Lucio (Relating to private activity bonds.), As Introduced SB1984 by Lucio (Relating to private activity bonds.), As Introduced No significant fiscal implication to the State is anticipated. No significant fiscal implication to the State is anticipated. The bill would amend Texas Government Code relating to private activity bonds.It is assumed that any costs associated with the bill could be absorbed by the Bond Review Board using existing resources.According to the Comptroller's Office, the fiscal impact of the bill cannot be determined. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies: b > td > 304 Comptroller of Public Accounts, 352 Bond Review Board 304 Comptroller of Public Accounts, 352 Bond Review Board LBB Staff: b > td > JMc, SZ, HGR JMc, SZ, HGR