LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 89TH LEGISLATIVE REGULAR SESSION March 9, 2025 TO: Honorable Phil King, Chair, Senate Committee on Economic Development FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: SB856 by Flores (Relating to the use of the skills development fund by certain entities.), 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 fiscal implication to units of local government is anticipated. Source Agencies: b > td > 304 Comptroller of Public Accounts, 320 Texas Workforce Commission, 712 Texas A&M Engineering Experiment Station, 781 Higher Education Coordinating Board LBB Staff: b > td > JMc, RStu, LBO, CPo LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 89TH LEGISLATIVE REGULAR SESSION March 9, 2025 TO: Honorable Phil King, Chair, Senate Committee on Economic Development FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: SB856 by Flores (Relating to the use of the skills development fund by certain entities.), As Introduced TO: Honorable Phil King, Chair, Senate Committee on Economic Development FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: SB856 by Flores (Relating to the use of the skills development fund by certain entities.), As Introduced Honorable Phil King, Chair, Senate Committee on Economic Development Honorable Phil King, Chair, Senate Committee on Economic Development Jerry McGinty, Director, Legislative Budget Board Jerry McGinty, Director, Legislative Budget Board SB856 by Flores (Relating to the use of the skills development fund by certain entities.), As Introduced SB856 by Flores (Relating to the use of the skills development fund by certain entities.), 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 fiscal implication to units of local government is anticipated. Source Agencies: b > td > 304 Comptroller of Public Accounts, 320 Texas Workforce Commission, 712 Texas A&M Engineering Experiment Station, 781 Higher Education Coordinating Board 304 Comptroller of Public Accounts, 320 Texas Workforce Commission, 712 Texas A&M Engineering Experiment Station, 781 Higher Education Coordinating Board LBB Staff: b > td > JMc, RStu, LBO, CPo JMc, RStu, LBO, CPo