LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE 75th Regular Session April 9, 1997 TO: Honorable Kim Brimer, Chair IN RE: House Bill No. 2506 Committee on Business & Industry By: Dukes House Austin, Texas FROM: John Keel, Director In response to your request for a Fiscal Note on HB2506 ( Relating to interest charged on late payment made by certain political subdivisions under a contract for goods or services.) this office has detemined the following: Biennial Net Impact to General Revenue Funds by HB2506-As Introduced No fiscal implication to the State is anticipated. No significant fiscal implication to units of local government is anticipated. Source: Agencies: 303 General Services Commission LBB Staff: JK ,TH ,TL