LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 76th Regular Session April 27, 1999 TO: Honorable David Sibley, Chair, Senate Committee on Economic Development FROM: John Keel, Director, Legislative Budget Board IN RE: SB506 by Harris (relating to suits to recover damages resulting from construction defects; providing for recovery of a penalty from certain contractors), Committee Report 1st House, Substituted ************************************************************************** * No significant fiscal implication to the State is anticipated. * ************************************************************************** Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies: LBB Staff: JK, TH