LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION March 29, 2023 TO: Honorable Bryan Hughes, Chair, Senate Committee on State Affairs FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: SB946 by Sparks (Relating to the election date for the authorization of the issuance of bonds or a tax increase.), As Introduced No significant fiscal implication to the State is anticipated. It is assumed that any costs associated with the bill could be absorbed using existing resources. Local Government ImpactThere could be an impact to certain units of local government related to requiring all elections for a tax increase or for the issuance of bonds or other debt to be held on the November uniform election date. Source Agencies: b > td > 307 Secretary of State LBB Staff: b > td > JMc, SMAT, CMA, NTh
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION
March 29, 2023
TO: Honorable Bryan Hughes, Chair, Senate Committee on State Affairs FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: SB946 by Sparks (Relating to the election date for the authorization of the issuance of bonds or a tax increase.), As Introduced
TO: Honorable Bryan Hughes, Chair, Senate Committee on State Affairs
FROM: Jerry McGinty, Director, Legislative Budget Board
IN RE: SB946 by Sparks (Relating to the election date for the authorization of the issuance of bonds or a tax increase.), As Introduced
Honorable Bryan Hughes, Chair, Senate Committee on State Affairs
Honorable Bryan Hughes, Chair, Senate Committee on State Affairs
Jerry McGinty, Director, Legislative Budget Board
Jerry McGinty, Director, Legislative Budget Board
SB946 by Sparks (Relating to the election date for the authorization of the issuance of bonds or a tax increase.), As Introduced
SB946 by Sparks (Relating to the election date for the authorization of the issuance of bonds or a tax increase.), As Introduced
No significant fiscal implication to the State is anticipated.
No significant fiscal implication to the State is anticipated.
It is assumed that any costs associated with the bill could be absorbed using existing resources.
Local Government Impact
There could be an impact to certain units of local government related to requiring all elections for a tax increase or for the issuance of bonds or other debt to be held on the November uniform election date.
Source Agencies: b > td > 307 Secretary of State
307 Secretary of State
LBB Staff: b > td > JMc, SMAT, CMA, NTh
JMc, SMAT, CMA, NTh