LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 77th Regular Session March 22, 2001 TO: Honorable Rodney Ellis, Chair, Senate Committee on Finance FROM: John Keel, Director, Legislative Budget Board IN RE: SB982 by Duncan (Relating to establishing uniform minimum ethics requirements for persons involved in the management or investment of state funds.), As Introduced ************************************************************************** * No significant fiscal implication to the State is anticipated. * ************************************************************************** The bill would establish uniform minimum ethics requirements for persons involved in the management or investment of state funds. Affected agencies indicate that they could absorb any costs associated with the bill into their current budgets. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies: 308 State Auditor's Office, 356 Texas Ethics Commission, 781 Texas Higher Education Coordinating Board, 327 Employees Retirement System, 304 Comptroller of Public Accounts, 701 Texas Education Agency, 302 Office of the Attorney General, 323 Teacher Retirement System LBB Staff: JK, SD, WP