LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 89TH LEGISLATIVE REGULAR SESSION March 14, 2025 TO: Honorable Phil King, Chair, Senate Committee on Economic Development FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: SB878 by Birdwell (Relating to limitations on the use of public money under certain economic development agreements or programs adopted by certain political subdivisions.), As Introduced No significant fiscal implication to the State is anticipated. Local Government ImpactThere could be an impact on certain political subdivisions related to the limitations the bill would impose on use of public money under certain economic development agreements or programs adopted by the political subdivisions. Source Agencies: b > td > LBB Staff: b > td > JMc, RStu, BC, CWi LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 89TH LEGISLATIVE REGULAR SESSION March 14, 2025 TO: Honorable Phil King, Chair, Senate Committee on Economic Development FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: SB878 by Birdwell (Relating to limitations on the use of public money under certain economic development agreements or programs adopted by certain political subdivisions.), As Introduced TO: Honorable Phil King, Chair, Senate Committee on Economic Development FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: SB878 by Birdwell (Relating to limitations on the use of public money under certain economic development agreements or programs adopted by certain political subdivisions.), 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 SB878 by Birdwell (Relating to limitations on the use of public money under certain economic development agreements or programs adopted by certain political subdivisions.), As Introduced SB878 by Birdwell (Relating to limitations on the use of public money under certain economic development agreements or programs adopted by certain political subdivisions.), As Introduced 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 certain political subdivisions related to the limitations the bill would impose on use of public money under certain economic development agreements or programs adopted by the political subdivisions. Source Agencies: b > td > LBB Staff: b > td > JMc, RStu, BC, CWi JMc, RStu, BC, CWi