Honorable David Dewhurst, Lieutenant Governor, Senate
FROM:
John Keel, Director, Legislative Budget Board
IN RE:
SB876 by Duncan (Relating to commissions on certain negotiated bond sales.), As Passed 2nd House
No significant fiscal implication to the State is anticipated.
The State Securities Board, Texas Public Finance Authority, and the Bond Review Board indicate implementing the provisions of the bill would have no significant fiscal impact to the state.
Local Government Impact
No fiscal implication to units of local government is anticipated.
Source Agencies:
312 Securities Board, 347 Public Finance Authority, 352 Bond Review Board