LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 76th Regular Session April 15, 1999 TO: Honorable Steven Wolens, Chair, House Committee on State Affairs FROM: John Keel, Director, Legislative Budget Board IN RE: HB1471 by Hilbert (relating to requiring a small business impact statement for bills and resolutions), Committee Report 1st House, Substituted ************************************************************************** * No significant fiscal implication to the State is anticipated. * ************************************************************************** The bill would require the Legislative Budget Board, at the request of a committee chair, to prepare a statement describing the regulatory and fiscal effects on small businesses of a proposed bill or resolution. To meet the provisions of the bill, the Legislative Budget Board will have to reallocate agency budget resources. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies: LBB Staff: JK, BB, BR