LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION April 4, 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.), As Introduced 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 4, 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.), As Introduced 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.), As Introduced 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.), As Introduced HB3899 by Troxclair (Relating to the issuance of bonds by certain local government corporations.), As Introduced 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