LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION April 20, 2023 TO: Honorable Oscar Longoria, Chair, House Committee on Business & Industry FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB1043 by Hinojosa (Relating to a prohibition against covenants not to compete for certain low-wage employees.), As Introduced No significant fiscal implication to the State is anticipated. The bill would amend the Business & Commerce Code relating to a prohibition against covenants not to compete for certain low-wage employees.According to the Office of the Attorney General, any additional work resulting from the provisions of the bill could be absorbed within current resources. Local Government ImpactNo significant fiscal implication to units of local government is anticipated. Source Agencies: b > td > 302 Office of the Attorney General LBB Staff: b > td > JMc, SZ, HGR LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION April 20, 2023 TO: Honorable Oscar Longoria, Chair, House Committee on Business & Industry FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB1043 by Hinojosa (Relating to a prohibition against covenants not to compete for certain low-wage employees.), As Introduced TO: Honorable Oscar Longoria, Chair, House Committee on Business & Industry FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB1043 by Hinojosa (Relating to a prohibition against covenants not to compete for certain low-wage employees.), As Introduced Honorable Oscar Longoria, Chair, House Committee on Business & Industry Honorable Oscar Longoria, Chair, House Committee on Business & Industry Jerry McGinty, Director, Legislative Budget Board Jerry McGinty, Director, Legislative Budget Board HB1043 by Hinojosa (Relating to a prohibition against covenants not to compete for certain low-wage employees.), As Introduced HB1043 by Hinojosa (Relating to a prohibition against covenants not to compete for certain low-wage employees.), 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 Business & Commerce Code relating to a prohibition against covenants not to compete for certain low-wage employees.According to the Office of the Attorney General, any additional work resulting from the provisions of the bill could be absorbed within current resources. Local Government Impact No significant fiscal implication to units of local government is anticipated. Source Agencies: b > td > 302 Office of the Attorney General 302 Office of the Attorney General LBB Staff: b > td > JMc, SZ, HGR JMc, SZ, HGR