LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 89TH LEGISLATIVE REGULAR SESSION April 14, 2025 TO: Honorable Angie Chen Button, Chair, House Committee on Trade, Workforce & Economic Development FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB3290 by Bell, Keith (Relating to the time period for which certain funds payable under a construction contract must be reserved for the benefit of mechanic's lien claimants.), 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 ImpactNo significant fiscal implication to units of local government is anticipated. Source Agencies: b > td > LBB Staff: b > td > JMc, RStu, CMA LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 89TH LEGISLATIVE REGULAR SESSION April 14, 2025 TO: Honorable Angie Chen Button, Chair, House Committee on Trade, Workforce & Economic Development FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB3290 by Bell, Keith (Relating to the time period for which certain funds payable under a construction contract must be reserved for the benefit of mechanic's lien claimants.), As Introduced TO: Honorable Angie Chen Button, Chair, House Committee on Trade, Workforce & Economic Development FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB3290 by Bell, Keith (Relating to the time period for which certain funds payable under a construction contract must be reserved for the benefit of mechanic's lien claimants.), As Introduced 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 HB3290 by Bell, Keith (Relating to the time period for which certain funds payable under a construction contract must be reserved for the benefit of mechanic's lien claimants.), As Introduced HB3290 by Bell, Keith (Relating to the time period for which certain funds payable under a construction contract must be reserved for the benefit of mechanic's lien claimants.), 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 No significant fiscal implication to units of local government is anticipated. Source Agencies: b > td > LBB Staff: b > td > JMc, RStu, CMA JMc, RStu, CMA