LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION March 17, 2023 TO: Honorable Paul Bettencourt, Chair, Senate Committee on Local Government FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: SB158 by Perry (Relating to the location of a bank eligible to be selected as a depository or subdepository of county public money, including money held by a county or district clerk.), As Introduced No fiscal implication to the State is anticipated. Local Government ImpactMaking banks located outside a county eligible to be selected as a depository or subdepository of county public money would provide additional flexibility that could result in positive implications to certain counties. Source Agencies: b > td > 451 Department of Banking LBB Staff: b > td > JMc, AF, CMA, NTh
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION
March 17, 2023
TO: Honorable Paul Bettencourt, Chair, Senate Committee on Local Government FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: SB158 by Perry (Relating to the location of a bank eligible to be selected as a depository or subdepository of county public money, including money held by a county or district clerk.), As Introduced
TO: Honorable Paul Bettencourt, Chair, Senate Committee on Local Government
FROM: Jerry McGinty, Director, Legislative Budget Board
IN RE: SB158 by Perry (Relating to the location of a bank eligible to be selected as a depository or subdepository of county public money, including money held by a county or district clerk.), As Introduced
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
SB158 by Perry (Relating to the location of a bank eligible to be selected as a depository or subdepository of county public money, including money held by a county or district clerk.), As Introduced
SB158 by Perry (Relating to the location of a bank eligible to be selected as a depository or subdepository of county public money, including money held by a county or district clerk.), As Introduced
No fiscal implication to the State is anticipated.
No fiscal implication to the State is anticipated.
Local Government Impact
Making banks located outside a county eligible to be selected as a depository or subdepository of county public money would provide additional flexibility that could result in positive implications to certain counties.
Source Agencies: b > td > 451 Department of Banking
451 Department of Banking
LBB Staff: b > td > JMc, AF, CMA, NTh
JMc, AF, CMA, NTh