LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION May 6, 2023 TO: Honorable Paul Bettencourt, Chair, Senate Committee on Local Government FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB3899 by Troxclair (Relating to the issuance of bonds by certain local government corporations.), As Engrossed 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, AF, MOc, BC, DPE LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION May 6, 2023 TO: Honorable Paul Bettencourt, Chair, Senate Committee on Local Government FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB3899 by Troxclair (Relating to the issuance of bonds by certain local government corporations.), As Engrossed TO: Honorable Paul Bettencourt, Chair, Senate Committee on Local Government FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB3899 by Troxclair (Relating to the issuance of bonds by certain local government corporations.), As Engrossed Honorable Paul Bettencourt, Chair, Senate Committee on Local Government Honorable Paul Bettencourt, Chair, Senate Committee on Local Government 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 Engrossed HB3899 by Troxclair (Relating to the issuance of bonds by certain local government corporations.), As Engrossed 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, AF, MOc, BC, DPE JMc, AF, MOc, BC, DPE