LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION May 23, 2023 TO: Honorable Dade Phelan, Speaker of the House, House of Representatives FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB3899 by Troxclair (Relating to the issuance of bonds by certain local government corporations.), As Passed 2nd House 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, DPE, MOc, BC LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION May 23, 2023 TO: Honorable Dade Phelan, Speaker of the House, House of Representatives FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB3899 by Troxclair (Relating to the issuance of bonds by certain local government corporations.), As Passed 2nd House TO: Honorable Dade Phelan, Speaker of the House, House of Representatives FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB3899 by Troxclair (Relating to the issuance of bonds by certain local government corporations.), As Passed 2nd House Honorable Dade Phelan, Speaker of the House, House of Representatives Honorable Dade Phelan, Speaker of the House, House of Representatives 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 Passed 2nd House HB3899 by Troxclair (Relating to the issuance of bonds by certain local government corporations.), As Passed 2nd House 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, DPE, MOc, BC JMc, AF, DPE, MOc, BC