LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 89TH LEGISLATIVE REGULAR SESSION March 13, 2025 TO: Honorable Paul Bettencourt, Chair, Senate Committee on Local Government FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: SB427 by Hinojosa, Juan "Chuy" (relating to the eligibility of certain political subdivisions to receive a state loan or grant following the political subdivisions failure to comply with certain financial reporting requirements.), Committee Report 1st House, Substituted No significant fiscal implication to the State is anticipated. Local Government ImpactThere could be an impact on political subdivisions that are not eligible for state loans or grants following a failure to comply with certain financial reporting requirements. Source Agencies: b > td > LBB Staff: b > td > JMc, SZ, BC, CWi LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 89TH LEGISLATIVE REGULAR SESSION March 13, 2025 TO: Honorable Paul Bettencourt, Chair, Senate Committee on Local Government FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: SB427 by Hinojosa, Juan "Chuy" (relating to the eligibility of certain political subdivisions to receive a state loan or grant following the political subdivisions failure to comply with certain financial reporting requirements.), Committee Report 1st House, Substituted TO: Honorable Paul Bettencourt, Chair, Senate Committee on Local Government FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: SB427 by Hinojosa, Juan "Chuy" (relating to the eligibility of certain political subdivisions to receive a state loan or grant following the political subdivisions failure to comply with certain financial reporting requirements.), Committee Report 1st House, Substituted Honorable Paul Bettencourt, Chair, Senate Committee on Local Government Honorable Paul Bettencourt, Chair, Senate Committee on Local Government Jerry McGinty, Director, Legislative Budget Board Jerry McGinty, Director, Legislative Budget Board SB427 by Hinojosa, Juan "Chuy" (relating to the eligibility of certain political subdivisions to receive a state loan or grant following the political subdivisions failure to comply with certain financial reporting requirements.), Committee Report 1st House, Substituted SB427 by Hinojosa, Juan "Chuy" (relating to the eligibility of certain political subdivisions to receive a state loan or grant following the political subdivisions failure to comply with certain financial reporting requirements.), Committee Report 1st House, Substituted No significant fiscal implication to the State is anticipated. No significant fiscal implication to the State is anticipated. Local Government Impact There could be an impact on political subdivisions that are not eligible for state loans or grants following a failure to comply with certain financial reporting requirements. Source Agencies: b > td > LBB Staff: b > td > JMc, SZ, BC, CWi JMc, SZ, BC, CWi