LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 89TH LEGISLATIVE REGULAR SESSION April 9, 2025 TO: Honorable Stan Lambert, Chair, House Committee on Pensions, Investments & Financial Services FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB3900 by Guillen (Relating to investment of local governments' money in banks located in this state.), As Introduced No fiscal implication to the State is anticipated. Local Government ImpactNo significant fiscal implication to units of local government is anticipated. Source Agencies: b > td > LBB Staff: b > td > JMc, FV, BC, CWi LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 89TH LEGISLATIVE REGULAR SESSION April 9, 2025 TO: Honorable Stan Lambert, Chair, House Committee on Pensions, Investments & Financial Services FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB3900 by Guillen (Relating to investment of local governments' money in banks located in this state.), As Introduced TO: Honorable Stan Lambert, Chair, House Committee on Pensions, Investments & Financial Services FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB3900 by Guillen (Relating to investment of local governments' money in banks located in this state.), As Introduced Honorable Stan Lambert, Chair, House Committee on Pensions, Investments & Financial Services Honorable Stan Lambert, Chair, House Committee on Pensions, Investments & Financial Services Jerry McGinty, Director, Legislative Budget Board Jerry McGinty, Director, Legislative Budget Board HB3900 by Guillen (Relating to investment of local governments' money in banks located in this state.), As Introduced HB3900 by Guillen (Relating to investment of local governments' money in banks located in this state.), As Introduced No fiscal implication to the State is anticipated. No fiscal implication to the State is anticipated. Local Government Impact No significant fiscal implication to units of local government is anticipated. Source Agencies: b > td > LBB Staff: b > td > JMc, FV, BC, CWi JMc, FV, BC, CWi