LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 78TH LEGISLATIVE REGULAR SESSION

March 24, 2003

TO:	Honorable Kenny Marchant, Chair, House Committee on State Affairs
FROM:	John Keel, Director, Legislative Budget Board
IN RE:	HB2376 by Elkins (Relating to the correction or removal from the statutes of obsolete references regarding the surety bonds of state officers and employees.), As Introduced

No significant fiscal implication to the State is anticipated.

The bill removes statutory language regarding the filing of surety bonds by state officers and employees that is now obsolete pursuant to the passage of House Bill 1203 by the 77th Legislature.  House Bill 1203 removed the requirement for the posting of surety bonds for state officers and employees.

 

The bill would take effect September 1, 2003.

Local Government Impact

No fiscal implication to units of local government is anticipated.

Source Agencies:	304 Comptroller of Public Accounts, 306 Library & Archives Commission, 307 Secretary of State, 479 State Office of Risk Management, 551 Department of Agriculture, 696 Department of Criminal Justice
LBB Staff:	JK, RR, MS, RG