LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION May 1, 2023 TO: Honorable Oscar Longoria, Chair, House Committee on Business & Industry FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB2928 by Turner (relating to the payment or application of funds under construction contracts.), Committee Report 1st House, Substituted No significant fiscal implication to the State is anticipated. It is assumed that any costs associated with the bill could be absorbed using existing resources. Local Government ImpactNo significant fiscal implication to units of local government is anticipated. Source Agencies: b > td > 212 Office of Court Administration, Texas Judicial Council LBB Staff: b > td > JMc, SZ, PBO, MW, DKN LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION May 1, 2023 TO: Honorable Oscar Longoria, Chair, House Committee on Business & Industry FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB2928 by Turner (relating to the payment or application of funds under construction contracts.), Committee Report 1st House, Substituted TO: Honorable Oscar Longoria, Chair, House Committee on Business & Industry FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB2928 by Turner (relating to the payment or application of funds under construction contracts.), Committee Report 1st House, Substituted 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 HB2928 by Turner (relating to the payment or application of funds under construction contracts.), Committee Report 1st House, Substituted HB2928 by Turner (relating to the payment or application of funds under construction contracts.), Committee Report 1st House, Substituted No significant fiscal implication to the State is anticipated. No significant fiscal implication to the State is anticipated. It is assumed that any costs associated with the bill could be absorbed using existing resources. Local Government Impact No significant fiscal implication to units of local government is anticipated. Source Agencies: b > td > 212 Office of Court Administration, Texas Judicial Council 212 Office of Court Administration, Texas Judicial Council LBB Staff: b > td > JMc, SZ, PBO, MW, DKN JMc, SZ, PBO, MW, DKN