LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION March 31, 2023 TO: Honorable Oscar Longoria, Chair, House Committee on Business & Industry 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 Introduced 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, BC, DPE LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION March 31, 2023 TO: Honorable Oscar Longoria, Chair, House Committee on Business & Industry 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 Introduced TO: Honorable Oscar Longoria, Chair, House Committee on Business & Industry 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 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 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 Introduced 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 Introduced 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, BC, DPE JMc, SZ, BC, DPE