LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION April 25, 2023 TO: Honorable Brian Birdwell, Chair, Senate Committee on Natural Resources & Economic Development FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: SB1419 by Birdwell (relating to limitations on the use of public money under certain economic development agreements or programs adopted by certain political subdivisions.), Committee Report 1st House, Substituted No significant fiscal implication to the State is anticipated. It is assumed that any costs and savings associated with the bill would be insignificant Local Government ImpactThere could be an impact on certain political subdivisions related to the limitations the bill would impose on use of public money under certain economic development agreements or programs adopted by the political subdivisions. Source Agencies: b > td > LBB Staff: b > td > JMc, MOc, CMA, NTh LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION April 25, 2023 TO: Honorable Brian Birdwell, Chair, Senate Committee on Natural Resources & Economic Development FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: SB1419 by Birdwell (relating to limitations on the use of public money under certain economic development agreements or programs adopted by certain political subdivisions.), Committee Report 1st House, Substituted TO: Honorable Brian Birdwell, Chair, Senate Committee on Natural Resources & Economic Development FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: SB1419 by Birdwell (relating to limitations on the use of public money under certain economic development agreements or programs adopted by certain political subdivisions.), Committee Report 1st House, Substituted Honorable Brian Birdwell, Chair, Senate Committee on Natural Resources & Economic Development Honorable Brian Birdwell, Chair, Senate Committee on Natural Resources & Economic Development Jerry McGinty, Director, Legislative Budget Board Jerry McGinty, Director, Legislative Budget Board SB1419 by Birdwell (relating to limitations on the use of public money under certain economic development agreements or programs adopted by certain political subdivisions.), Committee Report 1st House, Substituted SB1419 by Birdwell (relating to limitations on the use of public money under certain economic development agreements or programs adopted by certain political subdivisions.), Committee Report 1st House, Substituted No significant fiscal implication to the State is anticipated. No significant fiscal implication to the State is anticipated. It is assumed that any costs and savings associated with the bill would be insignificant Local Government Impact There could be an impact on certain political subdivisions related to the limitations the bill would impose on use of public money under certain economic development agreements or programs adopted by the political subdivisions. Source Agencies: b > td > LBB Staff: b > td > JMc, MOc, CMA, NTh JMc, MOc, CMA, NTh