LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION April 1, 2023 TO: Honorable Charles Schwertner, Chair, Senate Committee on Business & Commerce FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: SB1514 by Schwertner (Relating to business entities and nonprofit entities.), As Introduced No significant fiscal implication to the State is anticipated. The bill would amend the Business & Commerce Code and several provisions of the Business Organizations Code relating to business entities and nonprofit entities.According to the Office of the Attorney General, no significant fiscal implications are anticipated from the provisions of the bill. Local Government ImpactNo significant fiscal implication to units of local government is anticipated. Source Agencies: b > td > 302 Office of the Attorney General LBB Staff: b > td > JMc, SZ, LCO, HGR LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION April 1, 2023 TO: Honorable Charles Schwertner, Chair, Senate Committee on Business & Commerce FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: SB1514 by Schwertner (Relating to business entities and nonprofit entities.), As Introduced TO: Honorable Charles Schwertner, Chair, Senate Committee on Business & Commerce FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: SB1514 by Schwertner (Relating to business entities and nonprofit entities.), As Introduced Honorable Charles Schwertner, Chair, Senate Committee on Business & Commerce Honorable Charles Schwertner, Chair, Senate Committee on Business & Commerce Jerry McGinty, Director, Legislative Budget Board Jerry McGinty, Director, Legislative Budget Board SB1514 by Schwertner (Relating to business entities and nonprofit entities.), As Introduced SB1514 by Schwertner (Relating to business entities and nonprofit entities.), As Introduced No significant fiscal implication to the State is anticipated. No significant fiscal implication to the State is anticipated. The bill would amend the Business & Commerce Code and several provisions of the Business Organizations Code relating to business entities and nonprofit entities.According to the Office of the Attorney General, no significant fiscal implications are anticipated from the provisions of the bill. Local Government Impact No significant fiscal implication to units of local government is anticipated. Source Agencies: b > td > 302 Office of the Attorney General 302 Office of the Attorney General LBB Staff: b > td > JMc, SZ, LCO, HGR JMc, SZ, LCO, HGR