LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 89TH LEGISLATIVE REGULAR SESSION April 10, 2025 TO: Honorable Angie Chen Button, Chair, House Committee on Trade, Workforce & Economic Development FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB3255 by Paul (relating to the authority of a development corporation created by the Gulf Coast Authority to finance certain projects.), Committee Report 1st House, Substituted 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 the Gulf Coast Authority (GCA) if a development corporation created by the GCA finances projects authorized by the bill. Source Agencies: b > td > LBB Staff: b > td > JMc, RStu, BC, CWi LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 89TH LEGISLATIVE REGULAR SESSION April 10, 2025 TO: Honorable Angie Chen Button, Chair, House Committee on Trade, Workforce & Economic Development FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB3255 by Paul (relating to the authority of a development corporation created by the Gulf Coast Authority to finance certain projects.), Committee Report 1st House, Substituted TO: Honorable Angie Chen Button, Chair, House Committee on Trade, Workforce & Economic Development FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB3255 by Paul (relating to the authority of a development corporation created by the Gulf Coast Authority to finance certain projects.), Committee Report 1st House, Substituted Honorable Angie Chen Button, Chair, House Committee on Trade, Workforce & Economic Development Honorable Angie Chen Button, Chair, House Committee on Trade, Workforce & Economic Development Jerry McGinty, Director, Legislative Budget Board Jerry McGinty, Director, Legislative Budget Board HB3255 by Paul (relating to the authority of a development corporation created by the Gulf Coast Authority to finance certain projects.), Committee Report 1st House, Substituted HB3255 by Paul (relating to the authority of a development corporation created by the Gulf Coast Authority to finance certain projects.), 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 associated with the bill could be absorbed using existing resources. Local Government Impact There could be an impact to the Gulf Coast Authority (GCA) if a development corporation created by the GCA finances projects authorized by the bill. Source Agencies: b > td > LBB Staff: b > td > JMc, RStu, BC, CWi JMc, RStu, BC, CWi