LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 89TH LEGISLATIVE REGULAR SESSION February 28, 2025 TO: Honorable Charles Perry, Chair, Senate Committee on Water, Agriculture and Rural Affairs FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: SB1066 by Perry (Relating to requiring payment and performance bonds for certain public work contracts.), 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 > 802 Parks and Wildlife Department LBB Staff: b > td > JMc, FV, MW, RSTE LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 89TH LEGISLATIVE REGULAR SESSION February 28, 2025 TO: Honorable Charles Perry, Chair, Senate Committee on Water, Agriculture and Rural Affairs FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: SB1066 by Perry (Relating to requiring payment and performance bonds for certain public work contracts.), As Introduced TO: Honorable Charles Perry, Chair, Senate Committee on Water, Agriculture and Rural Affairs FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: SB1066 by Perry (Relating to requiring payment and performance bonds for certain public work contracts.), As Introduced Honorable Charles Perry, Chair, Senate Committee on Water, Agriculture and Rural Affairs Honorable Charles Perry, Chair, Senate Committee on Water, Agriculture and Rural Affairs Jerry McGinty, Director, Legislative Budget Board Jerry McGinty, Director, Legislative Budget Board SB1066 by Perry (Relating to requiring payment and performance bonds for certain public work contracts.), As Introduced SB1066 by Perry (Relating to requiring payment and performance bonds for certain public work contracts.), 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 > 802 Parks and Wildlife Department 802 Parks and Wildlife Department LBB Staff: b > td > JMc, FV, MW, RSTE JMc, FV, MW, RSTE