LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION May 15, 2023 TO: Honorable Charles Schwertner, Chair, Senate Committee on Business & Commerce FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB3485 by Bell, Keith (Relating to a contractor's or subcontractor's right to elect not to proceed with additional work under a contract.), As Engrossed 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 > LBB Staff: b > td > JMc, SZ, DPE, BC
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION
May 15, 2023
TO: Honorable Charles Schwertner, Chair, Senate Committee on Business & Commerce FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB3485 by Bell, Keith (Relating to a contractor's or subcontractor's right to elect not to proceed with additional work under a contract.), As Engrossed
TO: Honorable Charles Schwertner, Chair, Senate Committee on Business & Commerce
FROM: Jerry McGinty, Director, Legislative Budget Board
IN RE: HB3485 by Bell, Keith (Relating to a contractor's or subcontractor's right to elect not to proceed with additional work under a contract.), As Engrossed
Honorable Charles Schwertner, Chair, Senate Committee on Business & Commerce
Honorable Charles Schwertner, Chair, Senate Committee on Business & Commerce
Jerry McGinty, Director, Legislative Budget Board
Jerry McGinty, Director, Legislative Budget Board
HB3485 by Bell, Keith (Relating to a contractor's or subcontractor's right to elect not to proceed with additional work under a contract.), As Engrossed
HB3485 by Bell, Keith (Relating to a contractor's or subcontractor's right to elect not to proceed with additional work under a contract.), As Engrossed
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 >
LBB Staff: b > td > JMc, SZ, DPE, BC
JMc, SZ, DPE, BC