LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION April 19, 2023 TO: Honorable Giovanni Capriglione, Chair, House Committee on Pensions, Investments & Financial Services FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB3899 by Troxclair (relating to the issuance of bonds by certain local government corporations.), Committee Report 1st House, Substituted No fiscal implication to the State is anticipated. Local Government ImpactThere could be impacts on applicable municipalities or counties that have created local government corporations related to holding an election before they can issue bonds to pay for specific projects, as would be required by the bill. Source Agencies: b > td > LBB Staff: b > td > JMc, MOc, BC, DPE
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION
April 19, 2023
TO: Honorable Giovanni Capriglione, Chair, House Committee on Pensions, Investments & Financial Services FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB3899 by Troxclair (relating to the issuance of bonds by certain local government corporations.), Committee Report 1st House, Substituted
TO: Honorable Giovanni Capriglione, Chair, House Committee on Pensions, Investments & Financial Services
FROM: Jerry McGinty, Director, Legislative Budget Board
IN RE: HB3899 by Troxclair (relating to the issuance of bonds by certain local government corporations.), Committee Report 1st House, Substituted
Honorable Giovanni Capriglione, Chair, House Committee on Pensions, Investments & Financial Services
Honorable Giovanni Capriglione, Chair, House Committee on Pensions, Investments & Financial Services
Jerry McGinty, Director, Legislative Budget Board
Jerry McGinty, Director, Legislative Budget Board
HB3899 by Troxclair (relating to the issuance of bonds by certain local government corporations.), Committee Report 1st House, Substituted
HB3899 by Troxclair (relating to the issuance of bonds by certain local government corporations.), Committee Report 1st House, Substituted
No fiscal implication to the State is anticipated.
No fiscal implication to the State is anticipated.
Local Government Impact
There could be impacts on applicable municipalities or counties that have created local government corporations related to holding an election before they can issue bonds to pay for specific projects, as would be required by the bill.
Source Agencies: b > td >
LBB Staff: b > td > JMc, MOc, BC, DPE
JMc, MOc, BC, DPE