Honorable Bryan Hughes, Chair, Senate Committee on State Affairs
FROM:
Jerry McGinty, Director, Legislative Budget Board
IN RE:
SB946 by Sparks (Relating to the election date for the authorization of the issuance of bonds or a tax increase.), 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 Impact
There could be an impact to certain units of local government related to requiring all elections for a tax increase or for the issuance of bonds or other debt to be held on the November uniform election date.