LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 89TH LEGISLATIVE REGULAR SESSION March 24, 2025 TO: Honorable Charles Schwertner, Chair, Senate Committee on Business & Commerce FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: SB1239 by Middleton (Relating to choice of law and assignment or acquisition of claims and demands in connection with certificated and uncertificated securities.), 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 > 302 Office of the Attorney General, 312 Securities Board LBB Staff: b > td > JMc, RStu, LCO, JKe
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 89TH LEGISLATIVE REGULAR SESSION
March 24, 2025
TO: Honorable Charles Schwertner, Chair, Senate Committee on Business & Commerce FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: SB1239 by Middleton (Relating to choice of law and assignment or acquisition of claims and demands in connection with certificated and uncertificated securities.), As Introduced
TO: Honorable Charles Schwertner, Chair, Senate Committee on Business & Commerce
FROM: Jerry McGinty, Director, Legislative Budget Board
IN RE: SB1239 by Middleton (Relating to choice of law and assignment or acquisition of claims and demands in connection with certificated and uncertificated securities.), As Introduced
Honorable Charles Schwertner, Chair, Senate Committee on Business & Commerce
Honorable Charles Schwertner, Chair, Senate Committee on Business & Commerce
Jerry McGinty, Director, Legislative Budget Board
Jerry McGinty, Director, Legislative Budget Board
SB1239 by Middleton (Relating to choice of law and assignment or acquisition of claims and demands in connection with certificated and uncertificated securities.), As Introduced
SB1239 by Middleton (Relating to choice of law and assignment or acquisition of claims and demands in connection with certificated and uncertificated securities.), 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 > 302 Office of the Attorney General, 312 Securities Board
302 Office of the Attorney General, 312 Securities Board
LBB Staff: b > td > JMc, RStu, LCO, JKe
JMc, RStu, LCO, JKe