Honorable Kenny Marchant, Chair, House Committee on State Affairs
FROM:
John Keel, Director, Legislative Budget Board
IN RE:
SB1059 by Ellis, Rodney (Relating to corporate and business ethics and integrity.), Committee Report 2nd House, Substituted
No fiscal implication to the State is anticipated.
The bill adds Section 371.184 to the Finance Code and Section 402.0231 to the Government Code relating to corporate and business ethics and integrity.Section 4 of the bill states “The office of the attorney general is not required to implement Section 402.0231, Government Code, as added by this Act, unless a specific appropriation for the implementation is provided in the General Appropriations Act, Acts of the 78th Legislature, Regular Session, 2003.”The Office of the Attorney General (OAG) provided a no fiscal cost impact stating, “because the OAG is not required to implement the corporate integrity unit provisions unless a specific appropriation is added to the General Appropriations Act.”The bill takes effect September 1, 2003.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.
Source Agencies:
302 Office of the Attorney General, 304 Comptroller of Public Accounts